Bargain Central Furniture, Inc completed the following treasury stock transactions in 2016 (1) (Click the icon to view the transactions) Requirements 1. Joumalize these transactions. Explanations are not required 2. How will Bargain Central Furniture, Inc report treasury stock on its balance sheet as of December 31,2016 ? Requirement 1. Journalize these transactions (Record debits first, then credits Exclude explanations from any joumal entries.) Dec 1. Purchased 1,600 shares of the company's \$1 par value common stock as traasuru stnrk