I am new to Photoshop Elements and I am trying do do what I thought would be a simple color change - I have a black and white image (see attachment) and I want to change the black text to a yellow (Specifically from 000000 to ffff00). 

Enhance - Adjust Color - Replace Color = No joy.

I have tried it with both the white background and with the background color (white) removed via the magic eraser and I am not having any success.

Is there any way to do a "if color 000000, change to ffff00" for the entire image?

 

Thanks for your help in this matter.