Question 8, E15-9 (similar to) Part 1 of 3 HW Score: 0%, 0 of 11 points O Points: 0 of 1 Save = Homework: Week One Scott Company has the following accounts in its shareholders' equity section at the beginning of the current year: (Click the icon to view the data.) Read the requirement. Scott reacquired 29,000 shares to hold as treasury stock, paying $17.00 per share. Account Data table Current Year Common Stock ($3 par, 1,000,000 shares authorized, 750,000 shares issued and outstanding) $ 2,250,000 Additional Paid-in Capital in Excess of Par - Common Retained Earnings 2,000,000 2,200,000 Type here to search Print Done Definition Prepare the journal entries required to record the following share buyback transactions assuming that Scott Company holds the shares in the treasury using the cost method: Reacquired 29,000 shares to hold as treasury stock, paying $17.00 per share. Sold 14,500 of the shares for $19.00 per share. Reissued the remaining 14,500 shares for $14.00 per share. (Record debits first, then credits. Exclude explanations from any journal entries.) 0 * Print Done Clear all Check answer 46F Clear 7:35 PM 1/10/2022