Phi Phi O' Hara's Wonky Eyelashes is repurchasing shares using the retirement method. They currently have a $5,000 balance in their PIC-Share Repurchases account. When they sold the share on January 31st, 2019, they received $120,000 for 10,000 shares with a par value of $1 each. Unfortunately, the market for wonky eyelashes has collapsed, and they are repurchasing each of the 10,000 shares for $9.50 each. Which of the following will be included in their journal entry to repurchase the shares? O Credit PIC - Common Stock for $110,000 O Debit PIC - Common Stock for $85.000 Debit PidCommon Stock for $110,000 None of the given answers, O Debit PIC -Share Purchases for $5,000