Question 28 (1 point) A company issued 100 shares of common stock, that had a par value of $3 per share, for $7 per share. When we record this effect, what do we do to paid-in capital in excess of par? increase it by $700 decrease it increase it by $300 nothing increase it by $400 Treasury stock is shares of a company's stock that have never been issued by the company shares of a company's stock that have been issued at more than par value shares of a company's stock that are outstanding at a point in time. shares of a company's own stock which the company reacquires