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Blue Inc. has outstanding 10,600 shares of $10 par value common stock. On July 1, 2020, Blue reacquired 105 shares at $87 per share. On
Blue Inc. has outstanding 10,600 shares of $10 par value common stock. On July 1, 2020, Blue reacquired 105 shares at $87 per share. On September 1, Blue reissued 64 shares at $90 per share. On November 1, Blue reissued 41 shares at $85 per share. Prepare Blue's journal entries to record these transactions using the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 11/1/20
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