Oriole Company issued 100000 shares of $10 par common stock for $1230000. A year later Oriole acquired 16200 shares of its own common stock at $15 per share. Three months later Oriole sold 7600 of these shares at $19 per share. If the cost method is used to record treasury stock transactions, to record the sale of the 7600 treasury shares, Oriole should credit

Treasury Stock for $114000 and Paid-in Capital in Excess of Par for $30400.

Treasury Stock for $114000 and Paid-in Capital from Treasury Stock for $30400.

Treasury Stock for $144400.

Treasury Stock for $76000 and Paid-in Capital from Treasury Stock for $68400.