Treasury Stock Transactions Sun Dance Gardens Inc, develops and produces spraying equipment for lawn maintenance and industrial uses. On June 3 of the current year, Sun Dance Gardens Inc. reacquired 18,000 shares of its common stock at $38 per share. a. What is the balance of Treasury Stock on December 31 of the current year? b. How will the balance in Treasury Stock be reported on the balance sheet? C. Assume that Sun Dance Gardens sold 11,300 shares of its treasury stock at $41 on November 2. What accounts would be affected by the sale of the treasury stock? Paid-In Capital from Treasury Stock by $ Cash by s Treasury Stock by s Effect of Stock Split Audrey's Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Northwest. Audrey's Restaurant Corporation, which had 63,000 shares of common stock outstanding, declared a 2-for-1 stock split (1 additional shares for each share issued). a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $192 per share before the stock split, what would be an approximate market price per share after the split? per share