E15-6 (similar to) The following shareholders' equity section was taken from the books of the Noelle Corporation at the beginning of the current year: (Click the icon to view the data.) Read the requirements. Requirement a. Prepare the journal entries required to record each of the following events. Requirements i Data Table m a. Prepare the journal entries required to record each of the following events: (Round per share prices to four decimal places.) Noelle acquired 20,000 shares of common stock at a cost of $17 per share, assume that the shares are immediately retired. Noelle reported a net loss of $361,480 for the year. The company declared and paid a $2.40 per share cash dividend at year-end. b. Prepare the shareholders' equity section at the end of the year. Common Stock, $4 par value, 1,000,000 shares authorized, 249,000 shares issued and outstanding Additional Paid-in Capital in Excess of Par - Common Additional Paid-in Capital from Treasury Stock Transactions Retained Earnings Print Done Print Done - X earest whole dollar.) $ 996,000 186,750 0 1,980,000