0 Requirements 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? Print Done Western Amusements Corporation had the following stockholders' equilty on November 30: Click the icon to view the stockholders' equity.) On December 30, Western purchased 150 shares of treasury stock at $10 per sharo. Read the requirements Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Accounts and Explanation Debit Credit Date Dec. 30 Data table TCH st Stockholders' Equity Paid-In Capital: Common Stock-$5 Par Value; 1,300 shares authorized, 320 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital $ $ 1,600 4,800 6,400 Retained Earnings 55,000 $ 61,400 Total Stockholders' Equity Print Done