The shareholders' equity section of the balance sheet of Monty Corporation is shown in the provided table. (Click the icon to view the shareholders' equity.) The entry to record Monty's purchase of 10,000 of its common shares at $7.50 per share includes a O A. debit to retained earnings for $15,500 OB. credit to common shares for $90,500 OC. credit to contributed surplus-share repurchase for $15,500 OD. debit to common shares for $75,000 i Shareholders' equity - Contributed capital: Preferred shares, $2.50 cumulative, 35,000 shares authorized, 7,000 shares issued Common shares, 140,000 shares authorized, 50,000 shares issued $350,000 452,500 Total contributed capital Retained earnings Total shareholders' equity 802,500 204,500 $1,007,000 Print Done