On February 3, 2015 a Corporation acquired 4,000 shares of its own $1 par value common stock for $30 per share. On May 24, 2015, 1,500 shares of the treasury stock were sold for $35 per share. Prepare the journal entries to record the purchase and sale of the treasury stock. The entry recorded on May 24, 2015 would be: Select one: a. 45,000 Cash 45,000 Treasury Stock O b. None of the other answers is correct c. I want to leave this answer blank d. 52,500 Cash 45,000 Treasury Stock Retained earnings 7,500 e. Cash 52,500 45,000 Treasury Stock 7,500 Gains from Treasury Stock Transactions