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Your Company has 1,000 shares of its own $8 par value common stock properly classified as treasury stock. The treasury stock was purchased for

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Your Company has 1,000 shares of its own $8 par value common stock properly classified as treasury stock. The treasury stock was purchased for $10 per share. What is the entry to "Paid in Capital, Treasury Stock" when the company's reissue of 350 shares of this treasury stock for $12 per share? $1,400 credit O $700 debit O $1,400 debit O $2,800 credit O $700 credit

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