IBM Issues 200,000 Shares of Stock with a Par Value

IBM issues 200,000 shares of stock with a par value of $0.01 for $150 per share.Three years later,it repurchases these shares for $80 per share.IBM records the repurchase in which of the following ways?

A) Debit Common Stock for $2,000,debit Additional Paid-in Capital for $29,998,000 and credit Cash for $30 million.
B) Debit Treasury Stock for $16 million and credit Cash for $16 million.
C) Debit Common Stock for $2,000,debit Additional Paid-in Capital for $15,998,000 and credit Cash for $16 million.
D) Debit Stockholders' Equity for $30 million,credit Additional Paid-in Capital for $16 million and credit Cash for $16 million.