A14-10 Treasury Stock (LO14.5, LO14.10): At the end of 20X2, Provoe Products Ltd. had 222,000 common shares outstanding, with a recorded value in the common share account of $875,000. Retained earnings was $673,500. During 20X3, the following transactions affecting shareholders' equity were recorded: a. Split common shares 3 -for- 1 . b. Purchased 8,000 shares of treasury stock at $4.25 per share. c. Purchased 6,000 shares of treasury stock at $5 per share. d. Issued 5,000 shares of treasury stock at $9.25. e. Issued 6,000 shares of treasury stock at $3. f. Retired 500 shares of treasury stock. g. Declared and paid a dividend of $0.25 per common share