At March 31, 2019, the Park Place Company shows the following data on their balance sheet Stockholders' equity Common stock, $2 par, 1,000,000 shares authorized, 120,000 shares issued, 110,000 shares outstanding $240,000 Paid-in capital in excess of par 4,470,000 Retained earnings 5,440,000 Treasury stock, 10,000 shares at $29 (290,000) Total Stockholder's Equity $9,860,000 Assume that Park Place sells 2,500 shares of treasury stock at $26 per share. Please journalize the sale of treasury stock transaction and restate the equity section of the balance sheet to reflect that transaction. Assume there is no account balance (0 balance) in paid-in capital from sale of treasury stock Stockholders' equity