Assignment 1 on treasury shares: On January 1, 2020, the equity section of Bergin Stores shows share capitalordinary ($10 par value) $3000,000; share premium ordinary $800,000; retained earnings $ 1500,000 and treasury shares $750,000 ( 50,000 shares at cost $ 15/share) During the year, the following treasury share transactions occurred. Mar. 1 Purchased 10,000 shares for cash at $15 per share. July .1 Sold 20,000 treasury shares for cash at 16 per share. Sold 15,000 treasury shares for cash at 13 per share. Instructions Sept. 1 1. Journalize the treasury share transactions? 2. Report the equity section after transaction occurred on Sep ,1? 3. Determine number of outstanding shares after transaction Sep, 1