Cheyenne Corp. had the following stockholders' equity accounts on January 1, 2020: Common Stock ($4 par) $426,360, Paid-in Capital in Excess of Par- Common Stock $178,770, and Retained Earnings $118,890. In 2020, the company had the following treasury stock transactions Mar. 1 Purchased 6,950 shares at $9 per share. June 1 Sold 1,160 shares at $13 per share. Sept. 1 Sold 1,930 shares at $11 per share. Dec. 1 Sold 1,170 shares at $6 per share. Cheyenne Corp. uses the cost method of accounting for treasury stock. In 2020, the company reported net income of $29,380. Journalize the treasury stock transactions, and prepare the closing entry at December 31, 2020, for net income. (Record journal entries in the order presented in the problem. 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 for the amounts.) Date Account Titles and Explanation Debit Credit Open accounts for (1) Paid-in Capital from Treasury Stock, (2) Treasury Stock, and (3) Retained Earnings. (Post to T-accounts.) (Post entries in the order of journal entries presented in the previous part.) Paid-in Capital from Treasury Stock Treasury Stock Retained Earnings Prepare the stockholders' equity section for Cheyenne Corp. at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) Cheyenne Corp. Balance Sheet (Partial)