Watkins, Inc. paid $48,000 to buy back 9,000 shares of its $1 par value common stock. This stock was sold later at a selling price of $6 per share. The entry to record the sale includes a:

	credit to Common Stock for $6,000.
	debit to Paid-in Capital from Treasury Stock for $45,000.
	debit to Retained Earnings for $48,000.
	credit to Paid-in Capital from Treasury Stock for $6,000.