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! Required information [The following information applies to the questions displayed below.) On April 10, 2019, Amelia Inc. purchased 600 shares of its own common

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! Required information [The following information applies to the questions displayed below.) On April 10, 2019, Amelia Inc. purchased 600 shares of its own common stock in the market for $30 per share on September 28, 2019, the company sold 360 of these shares in the open market at a price of $31 per share Required: a. Use the horizontal model to show the effects on Amelia Inc.'s financial statements of the purchase of the treasury stock on April 10, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance Sheet Liabilities Stockholders' Equity NO Assets b. Use the horizontal model to show the effects on Amelia Inc.'s financial statements of the sale of the treasury stock on Septem 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effe Balance Sheet Liabilities Stockholders' Equity Assets

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