Question 18 Question 18 of 20 5 points Save Ang Wafa Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock (JDI par) JD5,000,000, Additional Puid- in Capital JD 500,000, and Retained Earnings JD100.000. In 2020, the company had the following treasury stock transactions Mar. 1 Purchased 5,000 shares at JD 14 per share. June 1 Sold 1.000 shares at JD15 per share. Sept. I Sold 2,000 shares at JD Il per share. Dec. I Sold 1.000 shares at JD 16 per share. Wala Corporation uses the cost method of accounting for treasury stock 1. Retained Earnings balance after the treasury stock transaction on Sept 1, is: A. 95000 B. 100000 C. 105000 D. 106000 2. Dec. 1. In recording the transaction, credits are made to: A. treasury stock JD14,000, Additional Paid-in Capital - treasury stock JD 2,000. B. Treasury stock JD14.000, Additional Paid-in Capital JD 2.000. C. Treasury stock JD 20000. D. Treasury stock JD 22000