2) Cloud Co. had the fellowing account balances at December 31, 2017 Retained earnings Treasury stock, 500 common shares at cost $52,000 10,000 Common stock, $1 par value, 10,000 shares authorized, 4,000 shares issued and outstanding 4,000 Cash dividends payable-common 6,000 1.200 900 Common stock dividend distributable 6,200 REQUIRED: Prepare the Stockholders' Equity section of the balance sheet for Cloud Co. at December 31, 2017 3) The Stockholders' Equity section of Stallion Tack Shack balance sheet on January 1, 2017, appeared as follows: Common stock, $5 par, 30,000 shares issued 150,000 120,000 300,000 570,000 outstanding Retained earnings Total stockholders' equity On March 1, 2017, Stallion reacquired 3,000 shares of common stock at S8 per share. Answer the following questions REQUIRED What amount would be reported on the March 31, 2017, balance sheet for treasury stock? A) B) What is the number of outstanding shares at March 31, 20172 How much is total stockholders' equity to be reported on the March 31. 2018, balance sheet? C)