Cambridge Hat Company previously purchased 20,000 shares of treasury stock on the open market for $12 per share. Later, the company resells 10,000 shares for $14 per share. What is the journal entry for the sale?

Question 4 options:

	debit cash, $140,000; credit treasury stock, $120,000; credit additional paid-in capitaltreasury stock, $20,000
	debit cash, $140,000; credit treasury stock, $140,000
	debit cash, $140,000; credit treasury stock, $20,000; credit additional paid-in capital, $120,000
	debit cash, $140,000; credit treasury stock, $120,000; credit retained earnings, $20,000