complete) Boss Corporation reported the following equity section on its current balance sheet: Common shares, 140,000 shares authorized, 50,000 shares issued Contributed surplus-share repurchase Retained earnings Total shareholders' equity $250,000 20,000 107,000 $377.000 Which of the following would be included in the entry to record the corporation's purchase of 1,000 common shares for $7.50 per share? A. Common shares would be debited for $7,500. B. Retained earnings would be credited for $2,500 C. Retained earnings would be debited for $2,500 D. Contributed surplus-share purchase would be debited for $2,500 7 elect your