Multiple choice so 1, 2, 3, or 4

D Question 5 5 pts A company sold 14,000 shares of Treasury Stock for $20 per share. It had acquired the shares at $14 per share. The journal entry to record this transaction is: 1. Dr Cash 280,000 Cr Treasury Stock 280,000 2. Dr Cash 280,000 Cr Treasury Stock 196,000 Cr Gain on Sale of Treasury Stock 84,000 3. Dr Cash 280,000 Cr Treasury Stock 196,000 Cr Paid in Capital Treasury Stock 84,000 4. Dr Cash 196,000 Cr Treasury Stock 196,000