Please Refer to the Following Information for Peartree Company

Please refer to the following information for Peartree Company: If Peartree purchases an additional 1,000 shares of treasury stock at $18 per share, which of the following statements would be TRUE?

A) The Treasury stock account would go down by $18,000.
B) The Paid-in capital account would not be affected.
C) The Retained earnings account would go down by $2,000.
D) The Paid-in capital account would go down by $2,000.