Sheffield Corp. acquired 22600 shares of its own common stock at $20 per share on February 5, 2017, and sold 11300 of these shares at $27 per share on August 9, 2018. The fair value of Sheffield's common stock was $24 per share at December 31, 2017, and $25 per share at December 31, 2018. The cost method is used to record treasury stock transactions. What account(s) should Sheffield credit in 2018 to record the sale of 11300 shares?

Treasury Stock for $226000 and Retained Earnings for $79100.

Treasury Stock for $226000 and Paid-in Capital from Treasury Stock for $79100.

Treasury Stock for $271200 and Retained Earnings for $33900.

Treasury Stock for $305100.