When Donated Treasury Stock Is Reissued for Cash, the Entire

Multiple Choice

When donated treasury stock is reissued for cash, the entire proceeds are credited to Donated Capital under which of the following methods? $\begin{array}{lll}&\text { Cost Method }&\text { Par Value Method }\\\text { I. } & \text { Yes } & \text { Yes } \\\text { II. } & \text { Yes } & \text { No } \\\text { III. } & \text { No } & \text { No } \\\text { IV } & \text { No } & \text { Yes }\end{array}$

A) I
B) II
C) III
D) IV