On August 19, Portland Corporation repurchases 4,300 shares of its outstanding common stock for $16 per share. On October 31, Portland sells 1,505 shares of treasury stock for $23 per share. Any additional soles of treasury stock during the year were sold for $12 per share. On December 31 , Portland had no remaining treasury stock. Required: Prepare the necessary journal entries to record any transactions associated with treasury stock, If an amount box does not require an entry, leave it blank