Office Goods, Inc. completed the following treasury stock transactions in 2025: 

Requirements 

1. Journalize these transactions. Explanations are not required. 

2. How will Office Goods, Inc. report treasury stock on its balance sheet as of December 31, 2025?

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Dec. 1 15 20 Purchased 1,300 shares of the company's $1 par value common stock as treasury stock, paying cash of $8 per share. Sold 200 shares of the treasury stock for cash of $11 per share. Sold 900 shares of the treasury stock for cash of $4 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $1,900.)