Great Plains Amusements Corporation had the following stockholders' equity on November 30 (Click the icon to view the stockholders' equity.) On December 30, Great Plains purchased 125 shares of treasury stock at $9 per share. Read the requirements Paid-In Capital: Paid-In Capital Great Plains Amusements Corporation Balance Sheet (Partial) December 31 Stockholders' Equity Stockholders' Equity Common Stock-$5 Par Value; 1,300 shares authorized, 150 shares issued and outstanding 750 Paid-In Capital in Excess of Par-Common 2.250 Total Paid-In Capital 3,000 56,000 Retained Earnings Total Stockholders' Equity $ 59,000 Requirements Total Paid-In Capital Total Stockholders' Equity 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 eamings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? Print Done