Blue Spruce Ltd. purchased from its sharesholders 5,000 shares of its own previously issued shares for 245,000. It later resold 1,550 shares for 53 per share, then 2,000 more shares for 47 per share, and finally 1,450 shares for 41 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)