=+EX 13-10 Entries for stock dividends obj. 4

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b. (1) $12,000,000

(3) $57,000,000 Beaverhead Creek Inc. bottles and distributes spring water. On March 4 of the current year, Beaverhead Creek reacquired 5,000 shares of its common stock at $90 per share.

On August 7, Beaverhead Creek sold 3,500 of the reacquired shares at $100 per share.

The remaining 1,500 shares were sold at $88 per share on November 29.

a. Journalize the transactions of March 4, August 7, and November 29.