Land Corporation reported the following: Common Stock, $5 par, 211,000 shares authorized, 165,000 shares issued Paid in Capital in Excess of ParCommon Retained Earnings Total Stockholders' Equity $825,000 217,000 207.000 $1,249,000 Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $12.00 per share? O A. Retained Earings is debited for $480,000. OB. Common Stock-$5 Par Value is credited for $200,000. O C. Treasury Stock-Common is debited for $480,000. OD. Paid-In Capital from Treasury Stock Transactions is credited for $135,000