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On January 1, 2022, the stockholders' equity section of Swifty Corporation shows common stock (56 par value) $1.800.000, paid-in capital in excess of par $1,040,000;

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On January 1, 2022, the stockholders' equity section of Swifty Corporation shows common stock (56 par value) $1.800.000, paid-in capital in excess of par $1,040,000; and retained earnings $1.230,000 During the year, the following treasury stock transactions occurred. Mar. 1 July 1 Purchased 47000 shares for cash at $15 per share Sold 12.000 treasury shares for cash at $17 per share Sold 10.500 treasury shares for cash at $14 per share Sept 1 Restate the entry for September 1, assuming the treasury shares were sold 11 share of debit entries before credit entre el accounts are automatically indented whenomount hente Doroindet manually) Date Account Titles and Explanation Debit Credit

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