Additional Exercise 284 a-b On January 1, 2018, the stockholders' equity section of Nance Corporation shows: Common stock ($5 par value) $1,500,000; paid-in capital in excess of par value $1,000,000; and retained earnings $1,200,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 30,000 shares for cash at $22 per share. July 1 Sold 6,000 treasury shares for cash at $27 per share. Sept. 1 Sold 5,000 treasury shares for cash at $19 per share. Journalize the treasury stock transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 Treasury Stock 660000 Cash 660000 July 1 Cash 162000 Treasury Stock 132000 Paid-in Capital from Treasury Stock 30000 Sept. 1 Cash 95000 Paid-in Capital from Treasury Stock 15000 Treasury Stock 110000 Restate the entry for September 1, assuming the treasury shares were sold at $12 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Sept. 1 Click if you would like to Show Work for this question: Open Show Work