12 ! Part 1 of 4 Required information E11-8 (Algo) Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3] [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: 5.55 points 8 03:15:04 February 1 Purchased 600 shares of the company's own common stock at $40 cash per share; the stock is now held in treasury. July 15 Issued 200 of the shares purchased on February 1 for $50 cash per share. September 1 Issued 160 more of the shares purchased on February 1 for $35 cash per share. Skipped E11-8 (Algo) Part 1 eBook dot Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Hint Print Assets Liabilities Stockholders' Equity February 1 July 15 July 15 September 1 September 1 +