Using the following information, the journal entry to record the March 5, 2016 transaction will be: January 1, 2016: Atlantic Corporation reacquires 2,000 shares of its $20 par common stock for $88 per share. Atlantic reissues 1,000 of the above mentioned shares for March 5, 2016: $100 per share. Select one: OA Cash 100,000 Treasury Stock 88,000 Paid in capital, treasury stock 12,000 B 100,000 Cash Treasury Stock 88,000 12,000 Gain on sale of treasury stock O C 100,000 Cash 20,000 Treasury Stock 80,000 Paid in capital, treasury stock D. Cash 100,000 Treasury Stock 88,000 Investment income on treasury stock 12,000