A firm originally issued 100,000 no par shares of stock at $15 per share. The firm bought back 10,000 shares at $20 per share. The firm later reissued 2,500 shares at $25 per share. Which of the following is TRUE at year end?

Question 18 options:

1. The balance of Common stock at par is $1,350,000.

2. The balance of Additional paid in capital (treasury shares) is $62,500.

3.The balance of Common stock no par is $1,500,000.

4. The balance of Treasury shares is $200,000.