Eatons Dessert Company provides the following information from the Stockholders' Equity Section of the Balance Sheet:

Common Stock, $2 par value, 100,000 shares issued and outstanding	$ 200,000
Additional Paid-in Capital in Excess of ParCommon	800,000
Additional Paid-in Capital-Retired Shares	25,000
Retained Earnings	1,125,000
Total stockholders' Equity	$ 2,150,000

Eaton acquired 16,500 shares of common stock in the open market at a price of $14 per share and retired the shares. What is the journal entry to record this transaction?