Simon Company paid HK$60,000 to buy back 12,000 shares of its HK$1 par value ordinary shares. These shares were sold later at a selling price of HK$7 per share. The entry to record the sale includes a a. credit to Retained Earnings for HK$24,000 b. debit to Share Premium-Treasury for HK$60,000 c. credit to Share Premium-Treasury for HK$24,000 d. debit to Retained Earnings for HK$60,000