6 On May 3, Zirbal Corporation purchased 8,500 shares of its own stock for $93,500 cash. On November 4, Zirbal reissued 1750 shares of this treasury stock for $21,000. Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stock nts View transaction list 00:21:54 Skipped Import a new list 1 Record the purchase of 8,500 shares of its own stock for7 eBook $93,500 cash. h. Record the reissue of 1,750 shares of this treasury stock for $21,000 2 Credit 7 Compute Topp Company's price-earnings ratio if its common stock has a market value of $23.79 per share and its EPS is $3.90. Price Ear 0.75 points Earnings Ratio Price Earnings Ratio a 00:20-56