RKJ Company has provided the following information: 100,000 shares of $5 par value common stock are authorized 70,000 shares have been issued 65,000 shares are outstanding The 70,000 shares of issued common stock were issued for $9 per share. Which of the following statements is correct? A) Common stock is reported at $630,000 on the balance sheet. B) Additional paid-in capital is reported at $260,000 on the balance sheet. C) Common stock is reported at $350,000 on the balance sheet. D) Treasury stock is reported at $45,000 on the balance sheet.