Prior to June 1, a Company Has Never Had Any

Prior to June 1, a company has never had any treasury share transactions. A company repurchased 100 shares of its ordinary shares on June 1 for $5,000. On July 1, it reissued 50 of these shares at $52 per share. On August 1, it reissued the remaining treasury shares at $49 per share. What is the balance in the Share Premium-Treasury Shares account on August 2?

A) $5,050.
B) $2,600.
C) $100.
D) $50.
E) $0.