Galaxy Industries buys back 301,000 shares of its stock from investors at $46 a share. Two years later it reissues this stock for $66 a share. The stock reissue would be recorded with a debit to Cash for: Multiple Choice O $19.87 million, a credit to Treasury Stock for $13.85 million, and a credit to Additional Paid in Capital for $6.02 milion $19.87mon, a credit to Treasury Stock for $13 85 mionand a credit to Gain on Sale of Treasury Stock for S602 million $13.85 million, a debit to Additional Paid in Capital and a credit to Stockholders' Equity for $6.02 million a credit to Treasury Stock for $13.85 million