Nasser Corporation is authorized to issue 80,000 shares of $5 par value common stock. During 2008, Lindsey Hunter took part in the following selected transactions.

1. Issued 10,000 shares of stock at $50 per share, less costs related to the issuance of

the stock totaling $10,000. 2. Issued 1,000 shares of stock for land appraised at $50,000. The stock was actively traded on a national stock exchange at approximately $48 per share on the date of issuance. 3. Purchased 500 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2003 at $40 per share.

4. Sold 100 shares of treasury stock at $40 per share.

5. Sold 100 shares of treasury stock at $46 per share

6. Sold 100 shares of treasury stock at $41 per share

7. Sold 100 shares of treasury stock at $39 per share

	a.	Cash 3,900 Paid-in Capital from Treasury Stock 300 Retained Earnings. 100 Treasury Stock 4,300
	b.	Cash 3,900 Paid-in Capital from Treasury Stock 400 Treasury Stock 4,300
	c.	Cash 3,900 Retained Earnings. 400 Treasury Stock 4,300
	d.	Cash 3,900 Paid-in Capital from Treasury Stock 100 Retained Earnings. 300 Treasury Stock 4,300