On February 1, 2015, Cue Company acquired 2,800 shares of its $1 par value stock for $39 per share and held these shares in treasury. On April 10, 2016, Cue resold all the treasury shares for $42 per share. Which of the following entries would be recorded when Cue Company resells the shares of treasury stock? rev: 02_08_2017_QC_CS-78111 Cash 117,600 Common Stock 2,800 Additional paid-in capital 114,800 Cash 117,600 Treasury Stock 109,200 Additional paid-in capital 8,400 Cash 117,600 Treasury Stock 109,200 Gain on sale of treasury stock 8,400 Cash 117,600 Treasury Stock 109,200 Retained earnings 8,400