Northeast Amusements Corporation had the following stockholders' equity on November 30: (Click the icon to view the stockholders' equity.) On December 30, Northeast purchased 175 shares of treasury stock at $14 per share. Read the requirements . Date Accounts and Explanation Debit Credit Dec. 30 Treasury Stock-Common 2.450 Data table Cash 2,450 Stockholders' Equity Purchased treasury stock. $ Requirement 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Assume the balance in retained earnings is unchanged from November 30. Paid In Capital: Common Stock-$5 Par Value; 1,300 shares authorized, 190 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid In Capital 950 2,850 3,800 Northeast Amusements Corporation Balance Sheet (Partial) December 31 Retained Earnings 55,000 Requirements S 58,800 Total Stockholders' Equity Stockholders' Equity Paid-In Capital Common Stock-$5 Par Value; 1,300 shares authorized, 190 shares issued, 15 shares outstanding Print Done 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings 00111 Treasury Stock-Common, 175 shares at cost (2,450) Print Done Total Stockholders' Equity