Rosland, Inc. purchases 15,000 shares of its previously issued $4.00 par value common stock for $160.00 per share. Which of the following is the correct journal entry to record this transaction? OA. Debit Treasury Stock-Common $2,400,000, and credit Cash $2,400,000. OB. Debit Common Stock-$4 00 Par Value $2.400,000, and credit Cash $2,400,000 OC. Debit Cash $2.340.000, and creat Paid-In Capital in Excess of Par-Common $2,340,000 OD. Debit Cash $2,340,000, and credit Treasury Stock-Common $2.340.000 CITED