During the year, Todd Corporation issued $200$ shares of $$20$ par value common stock for $$50$ a share. A total of $500$ shares were authorized. In addition, the company purchased $75$ shares of treasury stock at $$44$ a share. Which of the following best presents the related lines in the stockholders' equity section of the company's balance sheet?

Multiple Choice

Common stock, $$20$ par value, $500$ shares authorized, $200$ shares issued, $125$ outstanding

$$4,000$

$6,000$

$(3,300)$

Paid in capital in excess of par $-$ Common

Less: Treasury stock, $75$ shares & $$44$ per share

Common stock, $$20$ par value, $580$ shares authorized, $200$ shares issued and outstanding

$$4,000$

$6,000$

$(1,800)$

Paid in capital in excess of par $-$ common

$(1,800)$

Less: Treasury stock, $75$ shares & $$20$ per share

Common stock, $$20$ par value, $500$ shares authorized, $200$ shares issued, $425$ outstanding

$$8,500$

$11,050$

$(3,300)$

Paid in capital in excess of par $-$ Common

Less: Treasury stock, $75$ shares @ $$44$ per share

Common stock, $$50$ market value, $500$ shares authorized, $200$ shares issued, $125$ outstanding

$$10,000$

Less: Treasury stock, $75$ shares @ $$44$ per share

$(3,300)$