Question 3 of 3 View Policies Show Attempt History < > Current Attempt in Progress 0.96/1 E On January 1, 2020, the stockholders' equity section of Ayayai Corporation shows common stock ($4 par value) $1,200,000: paid-in capital in excess of par $1,000,000; and retained earnings $1.150,000. During the year, the following treasury stock transactions occurred. Mar 1 Purchased 47,000 shares for cash at $15 per share. July 1 Sept. 1 Sold 10,000 treasury shares for cash at $17 per share. Sold 9,000 treasury shares for cash at $14 per share. a 10 (a) 05 Your answer is correct.