On September 1, Atlanta Company reacquired 20,000 shares of its $10 par value common stock for $15 per share. Atlanta uses the cost method to account for treasury stock. The journal entry to record the reacquisition of the stock should debit Treasury Stock for $200,000 Common Stock for $200,000 Common Stock for $200,000 and Paid In Capital - Common Stock for $75,000 Treasury Stock for $300,000