Wolfpack Inc. had the following transactions occur during the current year:

Feb $1$: Purchased $1,000$ shares of its $$10$ par value common stock as treasury shares for $$50$ each. There were no treasury shares held prior to this date.

Apr $1$: Reissued $900$ treasury shares for $$53$ each.

June $1$: Reissued $100$ treasury shares for $$49$ each

The journal entry to record the June $1$ transaction will include a:

Select one:

a$.$ Debit to "Loss on Sale of$.$ Treasury Stock" for $$100.$

b$.$ Debit to "Common Stock" for $$400.$

c$.$ Debit to "Paid$-$in$-$Capital $-$ Treasury Stock" for $$100.$

d$.$ Credit to "Treasury Stock" for $$4,900.$

e$.$ Debit to "Retained Earnings" for $$100.$

O'Brien Construction Company uses the percentage$-$of$-$completion method. One of its projects is being built for a local school for a contract price of $$5,000,000.$ The three$-$year project is expected to be completed in $2020.$ The following information is available regarding this particular construction project for the first two years:

$\backslash$table$[[,2018,2019],[$Costs incurred during the year,$500,000,$$$700,000$