Long Co. issued 100,000 shares of $10 par common stock for $1,200,000. Long acquired 10,000 shares of its own common stock at $15 per share.

Long Co. issued 100,000 shares of $10 par common stock for$1,200,000. Long acquired 10,000 shares of its own commonstock at $15 per share. Three months later Long sold 5,000of these shares at $19 per share. If the cost method is usedto record treasury stock transactions, to record the sale ofthe 5,000 treasury shares, Long should credit