Adam Co. sells 100 shares $8 par value treasury stock at $20 per share. If the cost of acquiring the shares was $15 per share, the entry for the sale should be: Dr. Cash $2,000 Cr. Treasury Stock $800 Cr. PIC Sale of Treasury Stock $1, 200. Dr. Treasury Stock $1, 500 Dr. PIC from Sale of Treasury Stock $500 Cr. Cash $2,000 Dr. Cash $2,000 Cr. Treasury Stock $1, 500 Cr. PIC from Sale of Treasury Stock $500 Dr. Cash $2,000 Cr. Treasury Stock $1, 500 Cr, Gain S500