Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made to: Common Stock $50,000 and Paid-in Capital in Excess of Stated Value $20,000. Common Stock $70,000. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000. Common Stock $50,000 and Retained Earnings $20,000.