The Georgia Corp was formed on January 2, 2018. The company sold 10,000 shares of $8 par value stock for $20 per share. On July 1, 2018, Georgia bought back 1,000 shares of stock for $25 per share. All of the treasury stock was resold on September 1, 2018 for $32 per share. Which one of the following is the correct entry to record the resale of treasury stock? DR Cash 32,000 CR Common Stock 32,000 DR Cash CR Treasury stock CR Retained earnings DR Cash CR Treasury stock CR Additional paid-in-capital treasury stock DR Cash 32,000 CR Common stock CR Paid-in capital in excess of par 32,000 25,000 7,000 32,000 25,000 7,000 8,000 24,000