Higher quality pic if needed --> https://imgur.com/a/Knz3Hy3

Problem 11-2A Fechter Corporation had the folowing stockholders equity accounts on January 1, 2017: Common Stock ($4 par) $418,400, Paid-in Capital in Excess of Per-Common Stock $190,520, and Retained Earnings $108,900. In 2017, the c???pany had the following treasury stock transactions. Mar. 1 Purchased 6,260 shares at $9 per share. une 1 Sold 1,240 shares at $13 per share Sept. 1 5old 1,250 shares at $11 per share. Dec. 1 5old 1,050 shares at $7 per share. Fechter Corporation uses the cost method of accounting for treasury stock. In 2017, the company reported net income of $28,140, oumalize the treasury stock transactions, and prepare the closing entry at December 31, 2017, for net income. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually, f no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Date Account Titles and Explanation Debit Dec. 1 Open accounts for Paid-in Capital from Treasury Stock, Treasury Stock, and Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Paid-in Capital from Treasury Stock Date Explanation Ref. 310 110 110 Date Explanation Ref. Debit 310 110 110 110 Retained Earnings BalanceV 110 Prepare the stockholders' equity section for Fechter Corporation at December 31, 2017. (Enter the account name only and do not provide the descriptive information provided in the question.) FECH Balance Sheet (Partial) TER CORPORATI