A Company Purchases 600 Shares of Its $100 Par Value $\begin{array}{l}\text { Cash }&5,700\\\text { Treasury Stock-Common } &&5,500 \\\text { Paid-in Capital, Treasury Stock } &&200 \\\end{array}$

A company purchases 600 shares of its $100 par value common stock at $110 per share.It then reissues 100 shares at $114 per share.The entry upon reissue of the stock would be:

A)
$\begin{array}{l}\text { Cash }&5,700\\\text { Treasury Stock-Common } &&5,500 \\\text { Paid-in Capital, Treasury Stock } &&200 \\\end{array}$
B)
$\begin{array}{l}\text { Cash }&5,700\\\text { Treasury Stock-Common } &&5,500 \\\text {Gain on Sale of Treasury Stock } &&200 \\\end{array}$


C)
$\begin{array}{l}\text { Cash }&5,700\\\text { Treasury Stock-Common } && 5,000 \\\text { Retained Earnings } && 700\end{array}$
D)
$\begin{array}{llr} \text {Cash } &5,700\\ \text {Treasury Stock-Common } &&5,700\\\end{array}$