Tatro, Inc. issued, for $60 per share, 4,000 shares of $45 par value common stock. The journal entry to record this transaction is: Cash240,000 Common Stock180,000 Value60,000 Paid-in Capital in Excess of Par Cash240,000 Common Stock240,000 Cash240,000 Common Stock 180,000 Retained Earnings60,000 Cash240,000 Common Stock 180,000 Gain on Sale of Stock 60,000