C

Can anyone show me the step by step process of how to figure out the Retained earnings and Treasury Stock at Cost??

Jan 1: Issued 120,000 shares of common stock for $5 per share Date Accounts and Explanation Jan. 1 Cash Common Stock $1 Par Value Paid-In Capital in Excess of Par Common Issued common stock at a premium Feb. 15: Issued 9,000 shares of common stock for $4 per share. Date Accounts and Explanation Feb. 15 Cash Common Stock $1 Par Value Paid-In Capital in Excess of Par Common Issued common stock at a premium Debit 600,000 Debit 36,000 Credit 120,000 480,000 Credit 9,000 27,000