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Karloff Corporation issued 25,000 shares of $10 par value common stock at $30 per share. As a result of this transaction, Karloff Corporations: Group of

Karloff Corporation issued 25,000 shares of $10 par value common stock at $30 per share. As a result of this transaction, Karloff Corporations:

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Paid-in Capital in Excess of Par Value increased by $750,000

Paid-in Capital in Excess of Par Value increased by $250,000

Common Stock increased by $250,000

Common Stock increased by $750,000

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