AMD Buys Back 300,000 Shares of Its Stock from Investors

Multiple Choice

AMD buys back 300,000 shares of its stock from investors at $6.50 a share.Two years later,it reissues this stock for $6.00 a share.The stock reissue would be recorded as:

A) a debit to Cash of $1.8 million,a debit to Additional Paid-in Capital of $150,000,and a credit to Treasury Stock of $1.95 million.
B) a debit to Cash of $1.95 million,a credit to Treasury Stock of $1.8 million,and a credit to Additional Paid-in Capital of $150,000.
C) a debit to Cash of $1.95 million and a credit to Treasury Stock of $1.95 million.
D) a debit to Cash of $1.8 million and a credit to Treasury Stock of $1.8 million.