Use the Following Information for $\quad$ $\quad$ $\quad$

Use the following information for .
January 1, 2019: Atlantic Corporation reacquires 2,000 shares of its $15 par common stock for $66 per share.
March 5, 2019: Atlantic reissues 1,000 of the above mentioned shares for $75 per share.
-The journal entry to record the March 5, 2019 transaction will be:

A) Cash 75,000
$\quad$ $\quad$ $\quad$ Treasury Stock 66,000
$\quad$ $\quad$ $\quad$ Paid-in capital, treasury stock 9,000
B) Cash 75,000
$\quad$ $\quad$ $\quad$ Treasury Stock 66,000
$\quad$ $\quad$ $\quad$ Gain on sale of treasury stock 9,000
C) Cash 75,000
$\quad$ $\quad$ $\quad$ Treasury Stock 15,000
$\quad$ $\quad$ $\quad$ Paid-in capital, treasury stock 60,000
D) Cash 75,000
$\quad$ $\quad$ $\quad$ Treasury Stock 66,000
$\quad$ $\quad$ $\quad$ Investment income on treasury stock 9,000