Mogantur qesin will save this reani tion 14 14.5Grades) 4.5 points Sand On January 1, 2021, the stockholders' equity section of Seef Inc. was as follows: Common stock ($10 par value) $400,000, paid-in (contributed) capital in excess of par value $200,000, and wotained eamings $150,000 During the year, the following treasury stock transactions occurred March 5 Purchased 5000 shares for cash at $2 per share April 25 Sold 2,000 treasury shares for cash at $30 per share June 25: Sold 3,000 treasury shares for cash at $22 per share Required: Prepare journal entries to record the above treasury stock transactions Eampe XYZ Company pays $10.000 cash to purchase and CLEARLY INDICATE THE DEBITS & CREDITS Land 10.000 C: Carlt 10,000