Cash

$\backslash$table$[[$Common Stock $,],[$Paid$-$In Capital in Excess of Par$-$Common Stock,$]]$

b$.$ Issued $2,500$ shares of common stock in exchange for land with a fair market price of $$130,000.$ If an amount box does not require an entry, leave it blank.

$$

$130,000$

Common Stock

Paid$-$In Capital in Excess of Par$-$Common Stock.

$-1_{?}$

c$.$ Purchased $400$ shares of treasury stock at $$70.$ If an amount box does not require an entry, leave it blank.

$$

d$.$ Sold the $400$ shares of treasury stock purchased in $($c$)$ at $$76.$ If an amount box does not require an entry, leave it blank.

$$