On January 1, 2019, Mayflower Company Had 100,000 Shares of $16

On January 1, 2019, Mayflower Company had 100,000 shares of $16 par-value common stock outstanding. On March 1, 2019, they purchased 2,000 of its outstanding shares for $72 per share. On May 1, 2019, it reissued 1,000 shares at $88 per share.
The journal entry to record the reissuance of the stock on May 1, 2019 would include:

A) Credit Treasury Stock for $144,000
B) Credit Paid-in-Capital, Treasury Stock for $16,000
C) Debit Paid-In Capital, Treasury Stock for $72,000
D) Credit Cash for $88,000