On January 1, Vermont Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On February 1, Vermont purchased 3, 750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on March 1. The journal entry to record the purchase of the treasury shares on February 1, would include a credit to Treasury Stock for $90,000 debit to Treasury Stock for $90,000 debit to a loss account for $112, 500 credit to a gain account for $112, 500