On January 2, 2018, the first year of operations, Brunswick Corp., issued 15,000 shares of $10 par value common stock for $15 per share.On July 1, 2018, Brunswick Corp., 2,000 of these shares were reacquired for $19 each. On September 1, 2018 Brunswick Corp. reissued 700 shares of its treasury stock for $24 per share. No other stock transactions occurred during the rest of fiscal year 2018. Use this information to determine the dollar amount that Brunswick will report on its fiscal year 2018 Balance Sheet forPaid in Capital Treasury Stock.

Please advise if this is correct:

).Paid in Capital Treasury Stock that will be reported in the balance sheet. The transactions will have the following effects:

January 2, 2018: On issue of common stock

Debit, Cash------------------------------$225,000 (15,000 x$15)

Credit, Common stock--------------------------------------------$150,000 (15,000 x$10)

Credit,Paid In-capital in excess of par-Common stock------$75,000

July 1, 2018: recording reacquired shares

Debit, Treasury stock ($19 x2,000)----$38,000

Credit, Cash---------------------------------------------------------$38,000

September 1, 2018: On re issue of treasury stock

Debit, Cash ($24 x 700)------------------$16,800

Credit, Treasury stock(700 x $19)-------------------------$13,300

Credit, Paid in Capital Treasury Stock--------------------$3,500 (16,800-13,300)