Record sale of treasury stock. (LO 3). Suppose Fitness and Fashion Corporation paid $20 per share for 690 shares of its own common stock on August 30, 2011, and then resold these treasury shares for $22.50 per share on September 25, 2011. Show the transaction on September 25, 2011, in the accounting equation. What effect do these transactions have on the shareholders equity section of the balance sheet at September 30, 2011?