Common Stock Issuance. (7 points) S&C Company issues 1,500 shares of common stock with a $2 par value. The issue price of the stock is $13 per share. What is the journal entry required to record the issuance of the shares? Treasury Stock Transactions. (12 points) Dante, Inc. reacquired 20,000 shares of its common stock for $18 per share on January 31.On March 1 they sold 7,000 shares for $20 per share. On April 1 they sold 3.000 shares for 515 per share. What is the necessary journal entry for the reacquisition of the shares on January 312 What is the necessary journal entry for the sale of the shares on April 12