QuestionCrane Corporation purchased from its stockholders 5,700 shares of its own previously issued stock for $\$ 279,300$. It later resold 1,600 shares for $\$ 52$ per share, then 1,600 more shares for $\$ 47$ per share, and finally 2,500 shares for $\$ 41$ per share.
Prepare journal entries for the purchase of the treasury stock and the three sales of treasury stock. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for th account titles and enter 0 for the amounts. List all debit entries before credit entries.)
Account Titles and Explanation Debit Credit $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ (To record purchase from stockholders.) $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ (To record sales of shares at $\$ 52$ per share.) $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ $\square$ $\square$