Volunteer, Inc. previously purchased 5,000 shares of its own stock for $10/share with a $1 par value. The company then resold all 5,000 shares for $15/share. Which of the following statements is true regarding the resale of the stock?

Group of answer choices

$25,000 is added to additional paid-in capital

$25,000 is recognized as a gain on the sale

$50,000 is added to the common stock account

$5,000 is added to the common stock account

None of the answers provided