E$11-8($Algo$)$ Recording Treasury Stock Transactions and Analyzing Their Impact $[$LO $11-2,$ LO $11-3]$Skip to question$[$The following information applies to the questions displayed below.$]$ The following selected transactions occurred for Corner Corporation: February $1$Purchased $590$ shares of the companys own common stock at $$39$ cash per share; the stock is now held in treasury.July $15$Issued $195$ of the shares purchased on February $1$ for $$49$ cash per share.September $1$Issued $155$ more of the shares purchased on February $1$ for $$34$ cash per share.