Question 12 4 pts A company reissues 1200 shares of treasury stock for $38 per share. The treasury stock was originally repurchased at a cost of $35 per share and at the time the shares were reissued the company had a balance of $1,400 in the paid in capital-treasury stock account. Which of the following journal entries would the company record to account for the reissue of the treasury stock? Cash $45,600 Gain on Sale - Treasury Stock $3,600 Treasury Stock $42.000 Cash $45,600 $3,600 Retained Earnings Treasury Stock $42.000 $45,600 Cash $45,600 Treasury Stock $45,600 Cash $1,400 Additional Paid in Capital - Treasury Stock $2,200 Gain on re-issue Treasury Stock $42.000 None of the above