On January 1, the Tlaquepaque Company was authorized to issue 100,000 shares of $4 par value common stock and 50,000 shares of $25 preferred stock. If Tlaquepaque Company issued 5,000 shares of common stock for $10 per share on January 10, the entry to record the issuance of the stock would include a credit to common stock of:

Select one:

$125,000

$ 50,000

$ 20,000

$ 30,000