Blossom Corporation purchased from its stockholders $6,000$ shares of its own previously issued stock for $$306,000.$ It later resold $1,600$ shares for $$54$ per share, then $1,600$ more shares for $$49$ per share, and finally $2,800$ shares for $$43$ per share.

Prepare journal entries for the purchase of the treasury stock and the three sales of treasury stock. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account vitles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

$\backslash$table$[[$Acoount Titles and Explanation$]]$

Debit

Credit

$($To record purchase from stockholders.$)$

$$

$$

$$

$$

$($To record sales of shares at $$54$ per share.$)$

$$

$$

$($To record sales of shares at $$49$ per share.$)$

$$

$$

$$

$($To record sale of shares at $$43$ per share.$)$

$$

$$