At December 31, year 1, Rama Corp. had 20,000 shares of 1 par value treasury stock that had been acquired in year 1 at 12 per share. In May year 2, Rama issued 15,000 of these treasury shares at 10 per share. The cost method is used record treasury stock transactions. Rama is located in a state where laws relating to acquisition of treasury stock restrict the availability of retained earnings for declaration of dividends. At December 31, year2 should Ram to , what amount a show in notes to financial statements as a restriction of retained earnings as a result of its treasury stock transactions? a. 5,000 b. 10,000 . 60,000 d. 90,000