Angler Corporation's balance sheet reported the following:

Capital stock outstanding, 5,000 shares, par $30 per share $150,000

Paid-in capital in excess of par 80,000

Retained earnings 100,000

The following transactions occurred this year:

(a) Purchased 400 shares of capital stock to be held as treasury stock, paying $60 per share.

(b) Sold 300 of the shares of treasury stock at $65 per share.

(c) Sold the remaining shares of treasury stock at $50 per share.

The journal entry for transaction (b) would include the following entry?

		A Credit to "Cash" of $19,500
		A Credit to "Gain From Treasury Stock Sale" of $1,500
		A Debit to "Treasury Stock" of $24,000
		A Credit to "Paid-in Capital from Treasury Stock" of $1,500