Sheridan Company issued 100000 shares of $10 par common stock for $1280000. A year later Sheridan acquired 16500 shares of its own common stock at $14 per share. Three months later Sheridan sold 8300 of these shares at $18 per share. If the cost method is used to record treasury stock transactions, to record the sale of the 8300 treasury shares, Sheridan should credit

Treasury Stock for $116200 and Paid-in Capital from Treasury Stock for $33200.

Treasury Stock for $83000 and Paid-in Capital from Treasury Stock for $66400.

Treasury Stock for $116200 and Paid-in Capital in Excess of Par for $33200.

Treasury Stock for $149400.