On May 1, 2016, Nance Corporation purchased 30,000 shares of it $5 pet share per la common stock for cash at S20 per share. The journal entry for this transaction includes a: O a. debit to Cash of $600,000 b. Credit to Cash of $60,000 O c. debit to Treasury Stock for $600,000 Od credit to Treasury Stock for $600,000 MacBook