actor Brief Exercise 10-43 (Algorithmic) Accounting for Treasury Stock On August 19, 2019, Portland Corporation repurchases 5,700 shares of its outstanding common stock for $14 per share on October 31, 2018 Portland sells 1,710 shares of treasury stock for $18 per share. Any additional sales of treasury stock during the year were sold for $7 per share. O December 31, 2019, Portland had no remaining treasury stock. Required: Prepare the necessary journal entries to record any transactions associated with treasury stock. 2019 Aug. 19 1 000 000 Nov. 17