DeLoach Company incorporated on January 1, 2023 and had the following four common stock transactions during the year: Issued 1,000 shares of $1 par common stock at par Issued 3,000 shares of $1 par common stock at $15 per share Issued 4,000 shares to $1 par common stock for land with a market value of $80,000 Purchased 500 shares of its $1 par common stock for a total price of $12,500 At December 31, 2023, the balance in the Common Stock account is a. $8,000. b. $6,600 c. $66,000. d. $113,500 Clear my choice