Ten Thousand Shares of Treasury Stock of E

Ten thousand shares of treasury stock of E. Marcos Inc. previously acquired at $14 per share are sold at $20 per share. The entry to record this transaction will include a

A) credit to Treasury Stock for $200000.
B) debit to Paid-In Capital from Treasury Stock for $60000.
C) debit to Treasury Stock for $140000.
D) credit to Paid-In Capital from Treasury Stock for $60000.