ucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmhepr... Saved Help Save & Exit Subn Problem 8-25 (Algo) Part 1 - Horizontal Model Required: a. Use the horizontal model on Docker's financial statements for the purchase of the treasury stock on May 4, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance She Assets Stockholders' Equity Required information Problem 8-25 (Algo) Treasury stock transactions LO 6 [The following information applies to the questions displayed below.] On May 4, 2019, Docker Inc. purchased 650 shares of its own common stock in the market at a price of $18.50 per share. On September 19, 2019, 450 of these shares were sold in the open market at a price of $20.80 per share. There were 34,000 shares of Docker common stock outstanding prior to the May 4 purchase of treasury stock. A $0.25 per share search # m 9 26'F Cloudy ^ 0 1 4 4) 12 cash dividend on the common stock was declared and paid on June 15, 2019. Problem 8-25 (Algo) Part 1 - Horizontal Model Quiz i Saved Help Save & Exit Sub Iry stock on May 4, 2019. Indicate the icial statement effect.) Income Statement Stockholders' Equity Net Income Revenues Expenses Prey. 4 of 15 . Next > search # 9 26'F Cloudy ~ 0 4 4) 2 DELL Required information Required information b. Use the horizontal model on Docker's financial statements for the declaration and payment of the cash dividend on June 15, 2019. Indicate the financial statement effect . ( Enter decreases with a minus sign to indicate a negative financial statement effect . ) cash dividend on June 15, tive financial statement effect.) Balance Sheet Assets Liabilities Stockholders' Equity