On January 1, 2022, the equity section of ABC Stores shows share capital ordinary ($10 par value) $1,500,000; share premiumordinary$1,000,000; and retained earnings $1,200,000. During the year, the following treasury share transactions occurred. Mar. 1 Purchased 50,000 shares for cash at $13 per share. Apr. 1 Sold 20,000 treasury shares for cash at $15 per share. Oct. 1 Sold 5,000 treasury shares for cash at $10 per share.

INSTRUCTIONS a. Journalize the treasury share transactions. b. Restate the entry for October 1, assuming the treasury shares were sold at $7 per share.

i already did it just not sure about part B. . which picture is correct for part B? and please let me know if i have any mistakes in my entire solution. Most importantly please explain your reasoning for part B. Thank you!!!

QL A marl Treasury Shores 650,000 Cash 650 000 Cash Aprill 300,000 treasury Shares share premium-treasury 260,000 40,000 OctlShore premium Tensity 15,900 Cash 50,000 treasury Shares 65,000 35,000 B) Octl Cash share Premium-treasury Retained Earnings 25,000 asask 65000 treasury shores Oct 1 Cash 35ou Share premudrosuy Zoo trasung sloves 65000