The Stockholders' Equity Section of Twilight Time's Balance Sheet on January

The Stockholders' Equity section of Twilight Time's balance sheet on January 1,2017,appeared as follows: $\begin{array}{lr}\text { Common stock, } \$ 2 \text { par, 2,000 shares issued and outstanding } & \$ 4,000 \\\text { Additional paid-in capital-common } & 1,600 \\\text { Retained earnings } & 5,400 \\\text { Total stockholders' equity } & \$ 11,000 \\\hline\end{array}$ On March 1,2017,Twilight reacquired 800 shares of common stock at $10 per share.Twilight sold 400 of the treasury shares on November 15 for $12 per share.The entry to record the sale on November 15 would show a(n)

A) increase in Gain on Sale of Treasury Stock,$800.
B) increase in Common Stock,$4,800.
C) decrease in Cash,$4,800.
D) decrease in Treasury Stock,$4,000.