Question 25 (2.5 points) On January 1, 2020 Cycle Corporation issued 400,000 shares of its total 500,000 authorized shares of $1 par value common stock for $3 per share. On December 31, 2020 Cycle Corporation's common stock is trading at $5 per share on the New York Stock Exchange. Cycle Corporation did not issue any more common stock during 2020. How does Cycle Corporation record the increase in the stock's market value? Increase in Cash, $200,000. Recognize a Gain on Stock Issuance, $200,000. Increase Paid-in-capital in Excess of Par Value, $200,000 O An increase in the market value of outstanding shares is not recorded by Cycle Corporation