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On January 1, 2022, the stockholders' equity section of Splish Brothers Inc. shows common stock $55 par value) $1,500,000;paid-in capital in excess of par $1,020,000;and

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On January 1, 2022, the stockholders' equity section of Splish Brothers Inc. shows common stock $55 par value) $1,500,000;paid-in capital in excess of par $1,020,000;and retained earnings $1,210,000. During the year, the following treasury stock transactions occurred Mar 1 Purchased 47,000 shares for cashat $15 per share. July 1 Sold 10.000 treasury shares for cash at $17 per share. Sept. 1 Sold 9,000 treasury shares for cashat $14 per share. amounts.) Date Account Titles and Explanation Sept. 1

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