California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 100 shares at a cost of $38 per share. Assume California Surf resells the 100 shares of treasury stock at $35 per share. Determine the financial statement effects of the sale of treasury stock. (Amounts to be deducted should be entered with minus sign. Income Statement Revenues Expenses Net Income Balance Sheet Assets Liabilities Stockholders' Equity