Exercise 13-7 (Part Level submission) $1,800,000; paid-in capital on January 2017, the stodholders' equity section of Newlin Corporation shows common stock ($6 par value) in excess of par $1.050,000; and retained earnings $1.230.000. During the year, the following treasury stock transactions ocaurred. Mar. 1 Purchased 51,000 shares for cash at t15 per share. uly 1 sold 12,000 treasury shares for cash at $17 per share. Sept. 1 sold 10,000 treasury shares for cash at $14