In 2016, Southwestern Corporation completed the treasury stock transactions listed below. February 2. Reacquired 78,000 shares at $12.80. March 17: Sold 28,000 shares at $14.40. May 17: Sold 33,000 shares at $8.40 Southwestem had issued 100,000 shares of its $1 par common stock for $10 several months ago. Required: Prepare the joumal entries to record the above transactions using the cost method. (lf no entry is required for a transaction/event, select "No journal entry required in the first account field.) view transaction list view general journal Journal Entry Worksheet Reacquired 78,000 shares at $12.80 Date General Journal Debit Credit February 02, 2016 *Enter debits before credits record entry