A corporation began business by issuing 250,000 shares of $5 par value common stock for $24 per share. During its first year, the corporation sustained a net loss of $50,000. The year-end account balances would show O a $5,950,000 credit balance in the Paid-in Capital in Excess of Par account. O a $4,750,000 debit balance in the Paid-in Capital in Excess of Par account. a $6,000,000 credit balance in the Common Stock account. a $1.250,000 credit balance in the Common Stock account. a $50,000 credit balance in the Retained Earnings account