Vaughn Corp. issues 7700 shares of $10 par value common stock at $ 17 per share. When the transaction is recorded, credits are made to O Common Stock $ 130900. O Common Stock $ 77000 and Paid in Capital in Excess of Stated Value $53900 Common Stock $ 77000 and Retained Earnings $53900, Common Stock $ 77000 and Paid-in Capital in Excess of Par $ 53900