Problem 15-06 (Part Level Submission) Tamarisk Company has the following stockholders' equity accounts at December 31, 2020. Common Stock ($100 par value, authorized 7,900 shares) Retained Earnings $483,500 307,400 (a) |_Your answer is partially correct. Try again. Prepare entries in journal form to record the following transactions, which took place during 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (1) 300 shares of outstanding stock were purchased at $97 per share. (These are to be accounted for using the cost method.) (2) A $20 per share cash dividend was declared. (3) The dividend declared in (2) above was paid. (4) The treasury shares purchased in (1) above were resold at $103 per share. (5) 450 shares of outstanding stock were purchased at $105 per share. (6) 320 of the shares purchased in (5) above were resold at $96 per share. No. Account Titles and Explanation Debit Credit 1. Treasury Stock 29100 Cash 29100 2. Retained Earnings 90700 Dividends Payable 90700 3. Dividends Payable 90700 Cash 90700 4. Cash 30900 Treasury Stock 29100 Paid-in Capital from Tre 1800 5. Treasury Stock 47250 Cash 47250 6. Cash 30720 Retained Earnings 2880 Treasury Stock 33600 Click if you would like to Show Work for this question: Open Show Work