On August 19, Portland Corporation repurchases 9,500 shares of its outstanding common stock for 510 per share. On October 31, Portiand seils 4,275 shares of treasur, stock for $11 per share. Any additional sales of treasury stock during the year were sold for $7 per share. On December 31 , Portiand had no remaining treasury stock Requiredt 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. At Fertack * Check Won When purchasing ts own peeviously iswued stock, corporations record a roduction to stockholders' equity for the purchase amount of the treasury stock