A company has on its books the "Treasury stock" account with a balance of $50,000 (its cost) and the "Paid-in capital from treasury stock" account with a balance of $5,000. The company sold half of the shares in the portfolio for $18,000. The daily wage entry to account for the sale of the shares in the portfolio is:

a. Cash Loss on sale of treasury stock Treasury stock 18,000 7,000 25,000 b. Cash Retained earnings Treasury stock 18,000 7,000 25,000 c. Cash Paid-in capital from treasury stock Retained earnings Treasury stock 18,000 5,000 2,000 25,000 d. Cash Paid-in capital from treasury stock Retained earnings Treasury stock 18,000 2,500 4,500 25,000