A corporation sold 17,500 shares of its $10 par value common stock at a cash price of $15 per share. The entry to record this transaction would include: Multiple Choice A credit to Paid-in Capital in Excess of Par Value. Common Stock for $437.500. A credit to Common Stock for $262.500 A credit to Common Stock for $175.000 A credit to Common Stock for $262.500. A credit to Common Stock for $175,000. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $262,500. A debit to Cash for $175.000