For QuestioNIS 4 trilougri 9, use the lollowilig horfiation XYZ Corp. issues common stock on 1/1/2018. All Shareholders' Equity accounts have a $ 0 as of that day. On 1/1/2018, they issue 20,000 shares of $1 par common stock (they are authorized to issue 55,000 shares). The issue price of the shares was $26/share. On 4/5/2018, XYZ repurchases 3,000 shares of their common stock at the market price of $29/share. They are not retiring the shares. On 7/19/2018, they sell 1,000 of those shares at the market price of $25/share; on 9/15/2018 they sell an additional 1,000 shares at the new market price of $29/share. During 2018, XYZ reports net income of $114,500. They declare a cash dividend of $11,500 on 11/30/2018. XYZ's policy is to pay dividends 60 days after they are declared. When recording the share resale of 9/15/2018, which of the following is part of the journal entry? O A Debit common stock $1,000 B Credit treasury stock $ 32,000 Debit treasury stock $ 29,000 Credit paid-in-capital: share repurchase $, 3,000 o E Credit retained earnings $3,000