pts Cobra Company has Common Stock with 100,000 shares authorized and 25,000 shares issued. Cobra Company pays $35,000 to buy back 5,000 shares of its $1 par value Common Stock. The journal entry to record this purchase would include a O credit to Common Stock for $5,000 O credit to Paid-in Capital from Treasury Stock Transactions for $30,000 debit to Treasury Stock for $35,000 Ocredit to Common Stock for $5,000