On February 1, 2015, Cue Company acquired 1,200 shares of its $1 par value stock for $49 per share and held these shares in treasury. On April 10, 2016, Cue resold all the treasury shares for $52 per share. Which of the following entries would be recorded when Cue Company resells the shares of treasury stock?

Cash	62,400
Treasury Stock		58,800
Gain on sale of treasury stock		3,600

Cash	62,400
Treasury Stock		58,800
Additional paid-in capital		3,600

Cash	62,400
Common Stock		1,200
Additional paid-in capital		61,200

Cash	62,400
Treasury Stock		58,800
Retained earnings		3,600