A corporation sold 25,000 shares of its $3 par value common stock at a cash price of $25 per share. Record the journal entry to record this transaction. Common stock 625,000 Cash 625,000 Cash 625,000 Common stock 75,000 Paid in Capital in Excess of Par 550,000 Paid in Capital in Excess of Par 550,000 Common stock 75,000 Cash 625,000 Cash 625,000 Common stock 550.000 Pald in Capital in Excess of Par 75,000 Cash 625,000 Common stock 625.000