Carla Vista Corp. reacquired 19400 of its common shares at a market price of $1.43 per share. The average per-share amount of the shares is $1.89. The entry to record the reacquisition would include a

1- debit to Loss on Repurchase of Common Shares for $8924

2- debit to Common Shares for $27742

3- credit to Contributed Surplus for $8924

4- credit to Retained Earnings for $36666