On January 1, Vermont Corporation had 40,200 shares of $10 par value common stock issued and outstanding. All 40,200 shares had been issued in a prior period at $18 per share. On February 1, Vermont purchased 1,160 shares of treasury stock for $26 per share and later sold the treasury shares for $20 per share on March 1. The journal entry to record the purchase of the treasury shares on February 1 would include a credit to a gain account for $9,280. debit to a loss account for $9,280. credit to Treasury Stock for $30,160. debit to Treasury Stock for $30,160