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44. In 2021, Poe's Products completed the treasury stock transactions described below. January 2: Reacquired 10 million shares at $16.20 per share. February 15: Sold

44.

In 2021, Poe's Products completed the treasury stock transactions described below.

January

2:

Reacquired 10 million shares at $16.20 per share.

February

15:

Sold 3 million shares at $20.10 per share.

September

20:

Sold 3 million treasury shares at $15.10 per share.

Poe had issued 50 million shares of its $1 par common stock for $18 several years ago. Required: Record the above transactions assuming that Poe's Products uses the cost method.(

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