Sumland Company originally lssued $100 shares of $10 par value common stock for $127500 i $25 per thare) Suntand subsequentiy purchases 500 shares of treasury stock for $27 per share and resells the 500 shares of treasury stock for $29 per share. In the entry to record the sale of the tresuiry stock, there will be al credit to Commoristock for $13500 debit to Paid: in Capital in Excess of par of $12500 aredit to Treawry Stock fur $5000