Question 22 of 23 00 up View Policies Current Attempt in Progress Sheridan Company's balance sheet reported the following $360,000 Capital stock outstanding. 9,000 shares, par $ 40 per share Paid-in capital in excess of par Retained earnings 82,000 105.900 The following transactions occurred this year. (a) (b) Purchased 180 shares of capital stock to be held as treasury stock, paying $ 61 per share. Sold 150 of the shares of treasury stock at $ 66 per share. Sold the remaining shares of treasury stock at $ 54 per share (c) Prepare the journal entry for these transactions under the cost method of accounting for treasury stock. (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 ente O for the amounts.) No. Account Titles and Explanation Debit Credit (a) (b) (c)