Premier Services, Inc. purchased 2% of the voting stock of Blue Investments, Inc, on January 3,2025 for $42,000. On March 5, 2025, Premier sold the stock for $44,000. Which of the following is the correct journal entry for the March 5 transaction? Assume the following information for Howard Sales, Inc:: - Common Stock, $1.00 par, 26,800 shares issued, 24,800 shares outstanding - Paid - In Capital in Excess of Par-Common: $10,000 - Retained Earnings: $460,000 - Treasury Stock: 2,000 shares purchased at $5 per share If Howard Sales purchases an additional 1,000 shares of treasury stock at $6 per share, what number of shares will be shown as issued and outstanding? A. 24,800 issued; 21,800 outstanding B. 24,800 issued; 23,800 outstanding C. 26,800 issued; 23,800 outstanding D. 26,800 issued; 25,800 outstanding