Benson Company has repurchased shares of common stock from its stockholders and sold shares to stockholders at various times throughout its life. As of July 1, the company has issued 40,000 of the 50,000 shares it is authorized to sell. All of the issued shares are outstanding. The company's balance sheet shows the following balances for paid-in capital: The company wants to repurchase some shares from stockholders to support its stock price. In other words, the company thinks its stock it worth more than its current market price of $44 and wants to send that signal to me market by buying its own shares. On July 1, Benson bought 6,000 shares at its market price of $44. Four months later, on November 1, the price had risen to $50.50, and Benson sold 3,000 of its treasury Stock shares. Compete the journal entries describing these transactions. Use Smart Entry when selection lists are not available. If these are the only transactions affecting treasury stack, Paid-in Capital from sale of Treasury Stock would have a balance of