E13-25 (similar to) Eastern Amusements Corporation had the following stockholders' equity on November 30: E: (Click the icon to view the stockholders' equity.) On December 30, Eastern purchased 275 shares of treasury stock at $12 per share. x Data Table Read the requirements Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the explanation on the Date Accounts and Explanation Debit Credit Dec. 30 Dividends Payable-Common Cash $ Stockholders' Equity Paid-In Capital: Common Stock-$5 Par Value; 1,300 shares authorized, 280 shares issued and outstanding Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings Total Stockholders' Equity 1,400 4.200 5,600 57,000 Purchased treasury stock. 62,600 Requirements - X Print Done 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Assume the balance in retained earnings is unchanged from November 30 3. How many shares of common stock are outstanding after the purchase of treasury stock? Choose from any list or enter any number in the inpu parts