On September 1, 2020, Bonita Industries reacquired 31600 shares of its $15 par value common stock for $20 per share. Bonita uses the cost method to account for treasury stock. The journal entry to record the reacquisition of the stock should debit O Treasury Stock for $632000. Treasury Stock for $474000. O Common Stock for $474000 and Paid-in Capital in Excess of Par for $158000 Common Stock for $474000