E11-16 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3, 11-4, 11- 9 During the year, the following selected transactions affecting stockholders' equity occurred for Navajo Corporation: a. Feb. 1 Repurchased 140 shares of the company's own common stock at $24 cash per share. b. Jul. 15 Sold 80 of the shares purchased on February 1 for $25 cash per share. C. Sept. 1 Sold 50 of the shares purchased on February 1 for $23 cash per share. Required: 1. Prepare the journal entry required for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)