Mircro Apple Inc. is a publicly traded company. The company has extra cash and wants to repurchase some of its stock. On May 15 th they purchase 1,000 shares at $120 per share. Which is the correct journal entry to record this transaction? \begin{tabular}{lc} \hline Cash & 120,000 \\ \hline Treasury Stock & 120,000 \\ \hline Common Stock & 120,000 \\ Cash & 120,000 \\ \hline Treasury Stock & 120,000 \\ \hline Cash & 120,000 \\ \hline Cash 120,000 \\ \hline Common Stock & 120,000 \end{tabular}