When Bunyan Corporation was formed on January 1, the corporate charter provided for 111,000 shares of $14 par value common stock. The following transaction was among those engaged in by the corporation during its first month of operation: The corporation issued 7,750 shares of stock at a price of $25 per share. Which of the following would be included when recording the transaction? Select the correct answer. credit to Paid-in Capital in Excess of Par for $85,250 debit to Cash for $108,500 credit to Common Stock for $193,750 debit to Common Stock for $111,000