Ellison Company's balance sheet on last December 31 showed the following for Stockholders Equity: Common stock, $20 par Paid-in capital in excess of par Retained earnings Instructions $3,000,000 1,050,000 750,000 During the current year, the company had the following transactions. Record the transactions by the cost method. (a) Bought 12,000 shares of its common stock at $29 a share. (b) Sold 6,000 treasury shares at $30 a share. (c) Sold 3,000 shares of treasury stock at $26 a share.