Stockholm Co. incorporated in the preceding year. Stockholm Co. issued 1,000,000 no par value common shares for $12,000,000. Earlier in the year, Stockholm Co. purchased 40,000 of these shares at $15 per share. These shares were to be held in the treasury. 3 mnonths later, Sotckholm Co. sold 20,000 treasury shares at $19 per share. No other treasury share transactions occurred. For the sale of 2,000 treasury shares, Sotckholm Co. should credit: O Treasury Shares for $300,000 and Retained Earnings for $80,000. O Treasury Shares for $200,000 and Contributed Surplus for $180,000. O Treasury Shares for $380,000. O Treasury Shares for $300,000 and Contributed Surplus for $80,000.