On January 2, 2020, Liberty Corporation was authorized to issue 100,000 shares of \(\$ 5\) par value common stock. Liberty issued 20,000 shares of common stock on January 15,2020 , at \(\$ 15\) per share.

Required

a. Record the entry on June 30,2020 , for purchase of 2,200 common shares for the treasury at \(\$ 18\) per share.

b. Record the entry on September 20,2020 , for sale of 800 treasury shares at \(\$ 21\) per share.

c. Record the entry on November 3, 2020, for sale of 500 treasury shares at \(\$ 17\) per share.

d. Record the entry on December 15,2020 , for sale of 400 treasury shares at \(\$ 13\) per share.

e. Determine the number of shares issued and the number of shares outstanding on the following dates (after transactions have been recorded): June 30, 2020; September 20, 2020; November 3, 2020; and December \(15,2020\).