Belzer Corporation issued 25,000 shares of $2 par value stock to purchase a piece of land with an advertised price of $630,000. In conjunction with the transaction, Belzer debited Land for $610,000. This entry tells us that Belzer must also have credited Paid-in Capital in Excess of Par-Common Stock for $580,000. Belzer must also have credited Paid-in Capital in Excess of Par-Common Stock for $610,000. Belzer's stock has a market price of $25.20 per share. Belzer's stock has a market price of $24.40 per share