Information taken from Nanotec Security Inc.s January 31, 2023, balance sheet follows:

Common shares, 420,000 shares authorized, 34,000 shares issued and outstanding	$	272,000
Retained earnings		80,350

On February 1, 2023, the company repurchased and retired 600 common shares (the first retirement the company has recorded). Required: Prepare General Journal entries to record the repurchase and retirement under each of the following independent assumptions. The shares were repurchased for:

$5.50 per share

$8.00 per share

$10.50 per share