Wyatt Rainbow Company provides the following information regarding its most recent balance sheet. (Click the icon to view the data.) Wyatt Rainbow acquired 26,000 shares of common stock in the open market at a price of $19 per share and retired the shares. What is the journal entry to record this transaction? (Record debits first, then credits. Exclude explanations from any journal entries.) Account Common Stock Current Year 78,000 Additional Paid-in Capital in Excess of Par - Common Retained Earnings Additional Paid-in Capital - Retired Shares Cash Data table Stockholders' Equity Common stock, $3 par value, 626,500 shares authorized, 175,500 shares issued and outstanding $ 526,500 283,500 Additional paid-in capital in excess of par - common Additional paid-in capital - retired shares 702,000 283,500 494,000 988,000 Retained earnings $ 2,500,000 Total stockholders' equity