Multiple Choice Question 1 Waterway Company is a publicly held corporation whose $1 par value stock is actively traded at 531 per share. The company issued 4400 shares of stock to acquire and recent advertised at $94000. When recording this transaction, Waterway Company will credit Paid In Capital in excess of Porto 5136400 debit and for 594000 credit Common Stock for $136400 debit Land for $136400