Sav 2 points In year 1, Kate purchased 1,000 shares of treasury stock for $10 per share. In year 2. Kate reissued 200 shares of treasury stock for $8 per share. The journal entry to record the transaction in year 2 will include 1. a credit to retained Earnings 2. a debit to Paid in Capital - share repurchase 3. a credit to Paid in Capital share repurchase 4. a debit to Retained Earnings When a company issues its shares of stock for a noncash asset, which of the following may provide evidence of fair value of the transaction? 1. the book value of the existing shares 2. the quoted market price for the shares 3. the amount of cash that would be paid to purchase the asset 4. All of these