Multiple Choice Question 124 Coronado Company originally issued 5000 shares of $10 par value common stock for $150000 ($30 per share). Coronado subsequently purchases 490 shares of treasury stock for $26 per share and resells the 490 shares of treasury stock for $29 per share. In the entry to record the sale of the treasury stock, there will be a credit to Treasury Stock for $4900. O debit to Paid-In Capital in Excess of Par of 514700. credit to Common Stock for 512740. credit to Paid-In Capital from Treasury Stock for $1470