The balance sheet of Quiet Time, Inc., at December 31, 2017, reported 950,000 shares of $3 par common stock authorized with 117,000 shares issued and outstanding Pald-in capital in excess of par--common had a balance of $295,000 Retained earnings had a balance of $109,000. During 2018, the comparty completed the following selected transactions (Click the icon to view the transactions.) Read the requirements More Info Requirement 1. Record the entries) from any Journal Feb 15: Purchased 12,000 Feb 15 Purchased 12,000 shares of treasury stock at $3 per share Mar 8 Sold 6.000 shares of treasury stock for $5 per share Sep 28 Declared and distributed a 10% stock dividend on the 111,000 shares of outstanding common stock. The market value of Quiet Time's common stock was $11 per share Date Fob 15 Print Done Requirement 1. Record the transactions in the Journal Explanations are not required (Record debilis fit, then credits Eidude plutions for any una entries) Feb 15 Purchased 12000 shares of treasury stock at $3 per share Joumal Entry Accounts Debit Date Cd Feb 15 Is Mar 8. Sold 6.000 shares of treasury stock for $5 per share Journal Entry Date Accounts Debit Credit Mar 8 Sep 20 Decated and distributed a 10% stock dividend on the 111000 of commock. The market in common 511 por shar Jountry Date Acco Obit Credit Requirement of the company ochody seen hel Suckholders' Equity Paldin Total studio ion of the balance sheelal December 312018 assuming the company.named sine income during the year. (Enter the accounts in Requirements Stockholde 1. Record the transactions in the journal Explanations are not required 2. Prepare the stockholders' equity section of the balance sheet at December 31. 2018, assuming the company earned $79,000 of net income during the year Pont Done