42 In 2021, Southwestern Corporation completed the treasury stock transactions listed below. February 2: Reacquired 61,000 shares at $11.10. March May 17: Sold 11,000 shares at $13.55. 17: Sold 16,000 shares at $7.55. Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago. Required: Prepare the journal entries to record the above transactions, using the cost method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 2 3 Sold 16,000 shares at $7.55. Note: Enter debits before credits.