E15-11 (similar to) The stockholders' equity section of Barker Brands' 2017 balance sheet follows: (Click the icon to view the data.) During 2018, Barker completed the following transactions: i (Click the icon to view the transactions.) Read the requirements. Requirement a. Prepare the journal entries necessary to record the transactions. No i Transactions A UUUL i Data Table - Stockholders' Equity Common Stock - no par, 100,000 shares authorized, 3,000 shares issued and outstanding Retained Earnings Less: Cost of Treasury Stock as - X Total Stockholders' Equity $ 240,000 460,000 0 $ 700,000 November 9: Purchased 900 shares of its own stock to be held in the treasury. The cost was $96 per share. November 17: Declared and paid a cash dividend of $6.50 per share. November 30: Sold 300 treasury shares for $84 per share. December 31: Reported $55,000 net income for the year. Print Done Print Done