Current Attempt in Progress Sunland, Inc paid $200000 to buy back 21200 shares of its $1 par value common stock. This stock was sold later at aselling price of per share. The entry to record the sale includes a credit to Paid-in Capital from Treasury Stock for $21200. debit to Retained Earnings for $51600. debit to Paid-in Capital from Treasury Stock for $200000. credit to Retained Earnings for $21200