4) Supermart, Inc. completed the following treasury stock transactions in 2016, Mar. 3 Purchased 1,800 shares of the company's $ 3 par value common stock as treasury stock, paying cash of $ 10 per share. Mar. 17 Sold 400 shares of the treasury stock for cash of $ 12 per share. Mar. 25 Sold 600 shares of the treasury stock for cash of $ 7 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on March 24 is $ 1,200.) Joumalize these transactions. Explanations are not required. How will Supermart, Inc. report treasury stock on its balance sheet as of December 31, 2016