On January 21 of Year 1, Taraz Company reissued 400 shares of treasury stock for $10 per share. The original cost of this treasury stock had been $15 per share. Taraz Company has never before purchased nor reissued shares of treasury stock. The par value of the stock is $1 per share. The journal entry to record the reissuance requires which of the following?

A credit to Treasury Stock for $400

A credit to Retained Earnings for $2,000

A debit to Loss on Sale of Treasury Stock for$2,000

A debit to Paid-in Capital from Treasury Stock Transactions for $2,000

A credit to Paid-in Capital in Excess of Par for $3,600

A credit to Cash for $4,000

A debit to Retained Earnings for $2,000