The ledger of Cullumber Limited at October 31, 2021. contains the following summary data: Cash dividends-common Common shares Depreciation expense Service revenue Operating expenses Interest expense Retained earnings, November 1, 2020 $129.000 654,000 101.000 1.475,000 935,000 64,000 579,000 Your analysis reveals the following additional information: 2 The company has a 25% income tax rate, On March 19, 2021, Cullumber discovered an error made in the previous fiscal year. A $65.000 payment of a note payable had been recorded as interest expense. On April 10,2021, common shares costing $85.000 were reacquired for $109,000. This is the first time the company has reacquired common shares. 3. Prepare the journal entry to record the reacquisition of common shares. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. I no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Date Apr. 10, 2021 (To record reacquisition of common shares)