Monet's Minions, Inc. reacquired 10,000 shares of its common stock for $9 per share on August 1. On October 31 they sold 4,000 shares for $6 per share. Assuming a zero balance in the Additional Paid-in Capital From Treasury Stock Transactions account, what is the necessary journal entry for the October transaction?

A. Cash 24,000

Retained Earnings 12,000

Treasury Stock 36,000

B. Cash 90,000

Treasury Stock 24,000

Retained Earnings 66,000

C. Cash 90,000

Treasury Stock 90,000

D. Cash 24,000

Treasury Stock 20,000

Addl. Paid-in Capital from Treasury Stock Trans. 4,000