3. On January 1, 2022, XYZ Inc. has a credit balance in the Paid In Capital-Treasury Stock account of $2,000. Assume the following Treasury Stock transactions occurred during the 2022 year. a) On February 12, 2022, XYZ Inc. purchased (reacquired] 5,000 shares of its $10 par value common stock outstanding, paying $25 per share. Prepare the journal entry to record this purchase of Treasury Stock. b) On May 20, 2022, XYZ Inc. reissued (sold) 1,000 shares of the Treasury Stock that was acquired on February 12, 2022. The Treasury shares were sold at $36 per share. Prepare the journal entry to record this reissue [sale) of the Treasury stock. c) On June 5, 2022 XYZ Inc. reissued (sold] 1,000 shares of the Treasury Stock that was acquired on February 12, 2022. The Treasury shares were sold at $18 per share. Prepare the journal entry to record the reissue (sale] of the Treasury stock. d) What would be the new balance of the Paid In Capital-Treasury Stock account at June 30, 2022 after the transactions in part a, b, and c are recorded? e) What would be the total effect [dollar increase or decrease] in XYZ Inc.'s Total Stockholders' Equity for 2022 after transactions in part a, b and c above are recorded? f) On August 5, 2022, XYZ Inc. reissued (sold] 1,000 shares of Treasury Stock that was acquired on February 12, 2022. The Treasury shares were sold at $16 per share. Prepare the journal entry to record the reissue (sale] of the Treasury stock. g) What would be the total effect (dollar increase or decrease) in XYZ Inc.'s Total Stockholders' Equity for 2022 after transactions in part a, b, c, and f