Alger Corporation's balance sheet reported the following information under Stockholders' Equity Common Stock outstanding, 5,000 shares $30 par value Paid-In Capital in Excess of Par Retained Earnings $150,000 80,000 100,000 The following transactions occurred during the year Purchased 400 shares of common stock to be held as treasury stock, paying $60 per share. 2. Sold 300 shares of the treasury shares of stock at $65 per share 3 Sold 100 shares of the treasury stock at $50 per share Instructions: Record the entries for each of the transactions