On January 1, Vermont Corporation had 39,600 shares of $11 par value common stock issued and outstanding. All 39,600 shares had been issued in a prior period at $20 per share. On February 1, Vermont purchased 950 shares of treasury stock for $27 per share and Later sold the treasury shares for $18 per share on March 1. The journal entry to record the purchase of the treasury shares on February 1 would include a Oa. credit to Treasury Stock for $25,650 Ob. debit to Treasury Stock for $25,650 Oc. credit to a gain account for $6,650 Od. debit to a loss account for $6,650