Stockholders' Equity Paid-In Capital: Common Stock-\$5 Par Value; 1,300 shares authorized, 190 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity $5002,8503,80055,000$58,800 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. 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? Frontier Amusements Corporation had the following stockhold][ [s' equity on November 30 : Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the exp on the last line of the journal entry table.) Stockholders' Equity Paid-In Capital: Common Stock-\$5 Par Value; 1,300 shares authorized, 190 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity $5002,8503,80055,000$58,800 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. 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? Frontier Amusements Corporation had the following stockhold][ [s' equity on November 30 : Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the exp on the last line of the journal entry table.)