eBook EllaJane Corporation was organized several years ago and was authorized to issue 4,000,000 shares of $50 par value 7% preferred stock. It is also authorized to issue 1,750,000 shares of $1 par value common stock. In its fifth year, the corporation has the following transactions: Purchased 1,000 shares of its own common stock at $14 per share. Apr. 10 Reissued 500 shares of its common stock held in the treasury for $18 per share. Jun. 12 Reissued 500 shares of common stock at $12 per share. Mar. 1 Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Mar. 1 Apr. 10 II III III II III III Jun. 12 Ne Check My Work d: 99