In 2018, Lavender, Inc. had issued 155 million shares of its $1 par common stock at $34 per share. On March 1, 2021, Lavender, Inc. reacquired 10 million shares at $36 per share. On August 1, 2021, Lavender Inc. sold 1 million shares at $42 per share. Assuming that Lavender, Inc. retires shares it reacquires, what is the journal entry to record the transaction on August 1, 2021? O dr. Cash $42M cr. Treasury Stock $42M. O dr. Cash $42M; cr. Common stock $42M. None of the options listed. O dr. Cash $42M; cr. Treasury Stock $36M; Paid-in capital-share repurchase $6M. O dr. Cash $42M; cr. Common stock $1M; cr. Paid-in capital-excess of par $41M.