Pachelo Company recorded the original issuance of its $4 par value common shares as follows: (Click the icon to view the data.) 5. Read the requirement2. a. Pachelo bought 105,000 shares of common stock as treasury shares at $51. It used the cost method to account for treasury transactions. Account Current Year (1) (2) (3) (4) b. Pachelo declared a $3 per share cash dividend. Account Current Year (5) (6) 7 c. Pachelo sold 26,000 shares of treasury stock at $74. Account Current Year (9 (10) (11) (12) d. Pachelo sold 70,000 treasury shares at $33. Account Current Year (13) (14) (15) (16) . Pachelo paid the cash dividend. Account Current Year (17) (18) (19) (20) 1: Data Table Account Debit Credit Cash 7,540,000 Common Stock 840,000 Additional Paid-in Capital in Excess of Par Common 6,700,000 2: Requirement Provide the journal entries for the following transactions. (Record debits first, then cred its. Exclude explanations from any journal entries.) a. Pachelo bought 105,000 shares of common stock as treasury shares at $51. It used the cost method to account for treasury transactions. b. Pachelo declared a $3 per share cash dividend. c. Pachelo sold 26,000 shares of treasury stock at $74. d. Pachelo sold 70,000 treasury shares at $33. e. Pachelo paid the cash dividend