Capital stock outstanding, 8,000 SHARES PAR $100 per share $480,000. Paid in-capital in excess of par -Common Stock $320,000. Retained earnings $294,000. Transactions occured this year. A) Purchased 280 shares of capital stock to be held as treasury stock, paying $97 per share. B) Sold all 280 shares of treasury stock at $102 per share. C) 500 shares of capital stock were purchases at $105 per share. D) Sold 350 shares of the treasury stock at $96 per share.