Current Attempt in Progress Baker Co. issued 100,000 shares of common stock in the current year. On October 1. Baker repurchased 20,000 shares of its common stock on the open market for $50.00 per share that date, the stock's par value was $1.00 and the average issue price was $40.00 per share. Baker uses the cost method for tre stock transactions. On December 1, Baker reissued the stock for $60.00 per share. What amount should Baker report as treasury stuck gain at December 31? $0 O $200,000 O $400,000 O $980,000