In 2021, Borland Semiconductors entered into the transactions descried below. in 2018, Borland had issued 170 million shares of its $1 par common stock at $34 per share.

Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:

1. On January 2, 2021, Borland reacquired 10 million shares at $32.50 per share.
2. On March 3, 2021, Borland reacquired 10 million shares at $36 per share.
3. On August 13, 2021, Borland sold 1 million shares at $42 per share.
4. On December 15, 2021, Borland sold 2 million shares at $36 per share.