On December 3, 2019, ABC Company reissued 10,000 shares of the treasury stock at $40 per share. Suppose the cost of the treasury stock was $15 per share. What is the journal entry to be recorded for ABC on December 3, 2019?

Question 3! Stock Repurchase and Reissuance On December 3, 2019, ABC Company reissued 10,000 shares of the treasury stock at $40 per share. Suppose the cost of the treasury stock was $15 per share. What is the journal entry to be recorded for ABC on December 3, 2019? (3 points) Present Value of $12 Periods 12 22 32 52 62 2% 3% 4% 5% 6% 7% 8% 9% 10% e 0.98042 0.97092 0.96152 0.95242 0.94342 0.93462 0.92592 0.91742 0.909122 0.96122 0.94262 0.92462 0.90702 0.89002 0.87342 0.85732 0.84172 0.826442 0.94232 0.91512 0.88902 0.86382 0.8396 0.81632 0.7938 0.77222 0.7513ee 0.9238 0.88852 0.85482 0.82272 0.79212 0.76292 0.73502 0.70842 0.683042 0.90572 0.86262 0.82192 0.78352 0.74732 0.71302 0.68062 0.64992 0.620922 0.8880 0.8880 0 0.8375 0.79032 0.7462 0.7050 0.66632 0.63024 0.5963 0.564524 0.87062 0.81312 0.75992 0.71072 0.66512 0.62272 0.58352 0.54702 0.5132ee 0.85352 0.78944 0.73072 0.67682 0.62742 0.58202 0.54032 0.50192 0.466522 0.8368 0.7664 0.7026 0.6446 0.59192 0.5439 0.5002 0.46042 0.424144 0.82032 0.74412 0.6756 0.61392 0.55842 0.50832 0.4632 0.4224 0.38554 82 9 10 Present Value of Annuity of $12 Periods le 2 32 42 2% 3% 4% 5% 6% 7% 8% 9% 10% 0.9804 e 0.97092 0.96152 0.95242 0.94342 0.93462 0.92592 0.91742 0.90912e 1.9416 1.91352 1.88612 1.85942 1.83342 1.80802 1.78332 1.7591 1.735544 2.88392 2.82864 2.77512 2.72322 2.67302 2.62434 2.5771 2 2.53132 2.486944 3.80777 3.7171e 3.62992 3.54602 3.46512 3.38722 3.3121e 3.23972 3.16992e 4.71352 4.57972 4.45182 4.3295 4 4.21244 4.10024 3.99272 3.88972 3.7908 5.60142 5.41722 5.24212 5.07572 4.91732 4.76652 4.62292 4.48592 4.355342 6.4720 6.23032 6.00212 5.78642 5.58242 5.3893 5.20642 5.03302 4.8684 7.32552 7.01972 6.73272 6.4632 6.20982 5.97134 5.74662 5.53482 5.334944 8.16222 7.78612 7.43532 7.1078 6.80172 6.5152 6.2469 5.99524 5.759044 .9826 8.53024 8.11092 7.72172 7.36012 7.0236 6.71012 6.41772 6.144622 92 10 8