The equity section for SAA Company included the following items: Common Shares - 40,000 shares issued and outstanding $400,000 Contributed Capital - Retirement of Common Shares 9,000 On September 14th, the company retired 12,000 shares for $11 per share. The entry to record this transaction would be which of the following? Debit Common Shares for $120,000, Contributed Capital - Retirement of Common Shares for $12,000, credit Cash for $132,000. No Entry. Debit Common Shares for $120,000, Contributed Capital - Retirement of Common Shares for $9,000, Retained Earnings for $3,000, credit Cash for $132,000. Debit Common Shares for $120,000, Retained Earnings for $12,000, credit Cash for $132,000