On March $1,$ Pancakes Incorporated purchased $5,000$ shares of its common stock paying $$18$ per share. What is the journal entry to record the repurchase of common stock on March $1?$

Dr Common Stock $90,000$; Cr Cash $90,000$

Dr Cash $90,000$; Cr Common Stock $90,000$

Dr Treasury Stock $90,000$; Cr Cash $90,000$

$$ Dr Cash $90,000$; Cr Treasury Stock $90,000$