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(4.5.Grades) On January 1, 2021, the stockholders' equity section of Boef inc was as follows Common stock (10 pe value $400 000 retained earnings $150,000.

(4.5.Grades) On January 1, 2021, the stockholders' equity section of Boef inc was as follows Common stock (10 pe value $400 000 retained earnings $150,000. During the year, the following treasury stock transachors occured March 5: Purchased 5,000 shares for cash at $28 per share April 25: Soid 2.000 treasury shares for cash at $30 per share June 25 Sold 3,000 treasury shares for cash at $22 per share Required: Prepare journal entries to record the above treasury stock transactions Examuie XYZ Pa

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