On January 1, Zooming Ain't as Fun Corp ("ZAFC") issued 1 million shares of (par value $0.01) common stock for $25/share. What is the balance in common stock? About a month later, on February 19, ZAFC repurchases 40,000 shares for $20/share. The journal entry for this would include: a debit to additional paid in capital of 800,000 a debit to common stock of 800,000 C a debit to common stock of 400 d a debit to treasury stock of 800,000 a credit to treasury stock of 800,000