Gaines originally issued 15,000 shares of $10 par value common stock at $15 per share. During the current year, 1,000 of these shares were reacquired for $20 each. 500 treasury shares are subsequently reissued at $25 per share:

The reissuance entails a credit to Treasury Stock for $2,500.

The reissuance entails a credit to Treasury Stock for $5,000.

The reissuance entails a credit to Treasury Stock for $10,000.

None of these.

The reissuance entails a credit to Treasury Stock for $12,500.