d. cash dividend. 000 shares of $10 par common stock for $1,200,000. A year later Long 2,000 shares of its own common stock at $15 per share. Three months later 6,000 of these shares at $19 per share. If the cost method is used to record 9) Long Co. issued 100, acquired 1 Long sold treasury stock transactions, to record the sale of the 6,000 treasury shares, credit a. Treasury Stock for $114,000 b. Treasury Stock for $60,000 and Paid-in Capital from Treasury Stock for $54,000. c. Treasury Stock for $90,000 and Paid-in Capital from Treasury Stock for $24,000. d. Treasury Stock for $90,000 and Paid-in Capital in Excess of Par for $24,000 Long should 10) Percy Corporation was organized on January 1, 2014, with an authorization of 1,200,000 shares of common stock with a par value of $6 per share. During 2014, the corporation had the following capital transactions: issued 450,000 shares @ $10 per share purchased 60,000 shares $11 per share sold the 60,000 shares held in treasury @ $18 per share January 5 July 28 December 31 Percy used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2014? b. $1,380,000. c. $1,800,000. d. $2,220,000