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HiTech Industries has a $12.000 credit balance in Paid - in Capital - Treasury Stock. It sells 1,000 shares of treasury stock, which the company

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HiTech Industries has a $12.000 credit balance in Paid - in Capital - Treasury Stock. It sells 1,000 shares of treasury stock, which the company reacquired at $59/share. for $54/share. After the transaction, what will the balance be in the Paid - in Capital in Excess of Par - Treasury account? $17,000 credit $7,000 credit $12,000 credit $5,000 debit

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