Knowledge Check 01 Previously, Feinberg Corporation repurchased 1,000 shares of its $0.05 par value common stock for $25 per share. Today, the company reissues 500 shares of its treasury stock for $26 per share Prepare the appropriate journal entry to record the repurchase of the shares. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)