Blue Spruce Corporation has 291,000 no par value common shares authorized, issued, and outstanding which were all issued at $46 per share. On February 28, 2023, Blue Spruce reacquired 9,000 shares at a cost of $44 per share. On October 20, 2023, the company purchased and cancelled an additional 7,000 shares. The purchase cost was $50 per share. Prepare the journal entries to record the reacquisition of shares. (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 titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)