On August 10, Bushmills Corporation reacquired 8,000 shares of its $100 par value common stock at $134. The stock was originally issued at $110. The shares were resold on November 21 at $145.

Provide the entries required to record the reacquisition and the subsequent resale of the stock using the:

(1) Par value method of accounting for treasury stock

(2) Cost method of accounting for treasury stock