Global Marine obtained a charter from the state in January that authorized $1,000,000$ shares of common stock, $$5$ par value. During the first year, the company earned $$340,000$ of net income and declared no dividends; the following selected transactions occurred in the order given:

Issued $110,000$ shares of the common stock at $$49$ cash per share.

Reacquired $19,000$ shares at $$44$ cash per share.

Reissued $7,000$ shares from treasury for $$45$ per share.

Reissued $7,000$ shares from treasury for $$43$ per share.

$2.$ Prepare journal entries to record each transaction.