Use the information below for the following questions. The original sale of the $50 par value common stock of Grady Company was recorded as follows: Cash.. 290,000 Common Stock... 250,000 Additional Paid-in Capital..... 40,000 The company uses the cost method to account for treasury stock. Record the journal entries for the following transactions. Assume they are listed in the order in which they occurred. Transactions: (a) Grady Purchased 600 shares of its own common stock for $62 each. (b) Grady sold 180 shares of treasury stock for $60 each. (c) Grady sold 90 treasury shares at $68 each. (d) Grady sold 100 shares of treasury stock for $61 each. (e) Grady sold the remainder of the treasury shares for $58 each. Question 1 0.5 pts For transaction (a), what account debited? Treasury Stock Additional Paid-in Capital O Paid-in Capital- Treasury Stock Retained Earnings Cash Question 2 1 pts In transaction (e), how much is debited to Retained Earnings? Question 3 0.5 pts Transaction "e" is considered cost. above below at