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fTreasury Stock 249,900 Cash 249,900 (To record purchase from stockholders.) (To record sales of shares at $54 per share.)Tamarisk Ine purchased from its stockholders 4,900

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\fTreasury Stock 249,900 Cash 249,900 (To record purchase from stockholders.) (To record sales of shares at $54 per share.)Tamarisk Ine purchased from its stockholders 4,900 shares of its own previously issued stock for $249,900. It later resold 1,900 shares for $54 per share, then 1,900 more shares for $49 per share, and finally 1,100 shares for $43 per share.(To record sales of shares at $54 per share.) (To record sales of shares at $49 per share.)

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