Martinez Ltd. purchased from its shareholders 5,200 shares of its own previously issued shares for 265,200. It later resold 1,600 shares for 55 per share, then 1,900 more shares for 50 per share, and finally 1,700 shares for 41 per share. Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record purchase of treasury shares.) (To record sales of shares at 55 per share.) (To record sales of shares at 50 per share.) (To record sale of shares at 41 per share.)