During the month of October, Archer Industries had the following transactions. Record each transaction. Assume APIC from Share Repurchases was zero on 10/1.

1) On 10/5, Archer purchased 5,000 shares of its $1 par common stock for $5 per share. This stock was held as treasury stock.

2) On 10/10, Archer sold 2,000 shares of treasury stock for $6 per share.

3) On 10/20, Archer sold 1,500 shares of treasury stock for $4 per share.

4) On 10/30, Archer sold 1,500 shares of treasury stock for $2 per share.