Stockholders' Equity Paid-In Capital: Common Stock-$5 Par Value; 1,300 shares authorized, 210 shares issued and outstanding Paid-In Capital in Excess of Par-Common * Total Paid-In Capital $ 1,050 3,150 Now 4,200 56,000 Retained Earnings $ 60,200 Total Stockholders' Equity Print Done i Requirements 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? ng Print Done Western Amusements Corporation had the following stockholders' equity on November 30: !!! (Click the icon to view the stockholders' equity.) On December 30, Western purchased 150 shares of treasury stock at $8 per share. Read the equirements Requirement 1. Joumalize the purchase of the treasury stock. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table) Date Accounts and Explanation Debit Credit Dec 30 Requirement 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Assume the balance in retained earnings is unchanged from Western Amusements Corporation Balance Sheet (Partial) December 31 Stockholders' Equity Paid-In Capital Choose from any list or enter any number in the input fields and theri continue to the next question, Western Amusements Corporation had the following stockholders' equity on November 30: (Click the icon to view the stockholders' equity) On December 30, Western purchased 150 shares of treasury stock at S8 per share Read the found Requirement 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Asume the balance in the earrings in uncharged tran November 30. Western Amusements Corporation Balance Sheet (Partian December 31 Stockholders' Equity Paid in Capital Total Paid In Capital Total Stockholders' Equity Requirement 3. How many shares of common stock are outstanding after the purchase of treasury stock? shares are outstanding Choose from any list or enter any number in the input fields and then continue to the next