Don't just work this out please include the instructions on how you got the numbers

Current Attempt in Progress Joe Dumars Company has outstanding 40,000 shares of $5 par common stock which had been issued at $30 per share. Joe Dumars then entered into the following transactions. 1. 2. Purchased 5.000 treasury shares at $45 per share. Resold 2.000 of the treasury shares at $49 per share. Resold 500 of the treasury shares at $40 per share. 3. Indicate the effect each of the three transactions has on the financial statement categories listed in the table below, assuming Joe Dumers Company uses the cost method. Stockholders Equity Paid-in Capital Retained Earnings Net Income Assets Liabilities 1. Decrease Increase