23. Joe Co. was organized on January 2, 2017, with 500,000 authorized shares of $10 par value common stock. During 2017, Joe Co. had the following capital transactions: January 5-issued 375,000 shares at $14 per share. July 27-purchased 25,000 shares at $11 per share. November 25-sold 18,000 shares of treasury stock at $9 per share. Joe Co. used the cost method to record the purchase of the treasury shares. What would be the balance in the Paid-in Capital from Treasury Stock account at December 31, 2017? a. b. C. d. $0. $18,000 $36,000 $54,000 4 24. Continuing off the information from problem 16, Joe Co. had the following transactions in 2018: January 3 - sold 4,000 shares of treasury stock @ $14 a share March 15 - sold the remaining shares of treasury stock @ $10 a share As a result of these transactions, what would be the balance in the Paid-in Capital from Treasury Stock at March 31, 2018 a. $0 b. $11,000 K. $12,000 d. $5,000