Problem 11-2A Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($5 par) $524,050, Paid-in Capital in Excess of Par-Common Stock $206,290, and Retained Earnings $104,220. In 2015, the company had the follawing treasury stock transactions Mar, 1 Purchased 6,440 shares at $8 per share June 1 Sold 1,240 shares at $13 per share. Sept.1 Sold 1,550 shares at $11 per share Dec. 1 Sold 1,000 shares at $7 per share. Fechter Corporation uses the cost method of accounting for treasury stock. In 2015, the company reported net income of S33.400. ournalize the treasury stock transactions, and prepare the closing entry at December 31, 2015, for net income. (Credit account titles re tomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Aocount Tides and Explanation Mar. 1 June 1 Sept. 1 Dec. 1 Dec. 31 Open accounts for Paid-in Capital from Treasury StockTreasury Stock, and Retained Earnings. Post to these accounts using J10 as the posting reference. (Post entries in the order of journal entries presented in the previous part.) Paid-in Capital from Treasury Stock Date Ref 110 110 110 Treasury Stock 10 110 110 Balance 110 Prepare the stockholders equity section for Fechter Corporation at December 31, 2015. (Enter the account name only and do not provide the descriptive information provided in the question.) IER CORPORATION Balance Sheet (Partial)