Required information Mini-Exercise 8-6 (Algo) Treasury stock transactions LO 8-6 [The following information applies to the questions displayed below.] On April 10, 2022, Amelia Incorporated purchased 325 shares of its own common stock in the market for $17 per share. On September 28, 2022, the company sold 195 of these shares in the open market at a price of $20 per share. Mini-Exercise 8-6 (Algo) - Horizontal model Required: a. Use the horizontal model to show the effects on Amelia Incorporated's financial statements of the purchase of the treasury stock on April 10, 2022. Indicate the financial statement effect. b. Use the horizontal model to show the effects on Amelia Incorporated's financial statements of the sale of the treasury stock on September 28,2022 . Indicate the financial statement effect. Complete this question by entering your answers in the tabs below. Required information Mini-Exercise 8-6 (Algo) Treasury stock transactions LO 8-6 [The following information applies to the questions displayed below.] On April 10, 2022, Amelia Incorporated purchased 325 shares of its own common stock in the market for $17 per share. On September 28,2022 , the company sold 195 of these shares in the open market at a price of $20 per share. Mini-Exercise 8-6 (Algo) - Horizontal model Required: a. Use the horizontal model to show the effects on Amelia Incorporated's financial statements of the purchase of the treasury stock on April 10, 2022. Indicate the financial statement effect. b. Use the horizontal model to show the effects on Amelia Incorporated's financial statements of the sale of the treasury stock on September 28, 2022. Indicate the financial statement effect. Complete this question by entering your answers in the tabs below