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Horton Co . was organized on January 2 , 2 0 1 8 , with 5 0 0 , 0 0 0 authorized shares of

Horton Co. was organized on January 2,2018, with 500,000 authorized shares of $10 par value common stock. During 2018, Horton had the following capital transactions:
January 5-issued 300,000 common shares at $14 per share.
July 27-purchased 25,000 shares of treasury stock at $11 per share.
October 25-sold 5,000 shares of treasury stock at $10 per share.
November 25-sold 5,000 shares of treasury stock at $18 per share.
December 25-sold 5,000 shares of treasury stock at $10 per share.
Horton used the cost method to record the purchase of the treasury shares. What would be the balance in the Paid-in Capital from Treasury Stock account at December 31,2018?
a) $20,000.
b) $25,000.
c) $45,000.
d) $30,000.
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