The company board of directors decided to buyback 1,700 of the company's outstanding common shares at $5.20 per common share. There are 25,340 shares issued and outstanding with a balance of $95,025. There is no contributed surplus and retained earnings with a balance of $156,000. The entry to record the buyback of the shares includes a: Select one: O a debit to contributed surplus of $1,193 O b. debit to common shares of $8,840 Oc debit to retained earnings of $2,465 O d.credit to contributed surplus of $2,790 O e credit to cash of $6,375