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On February 1, Chance the Rapper Co. reacquired 4,000 shares of its common stock at $75 per share. On March 15, Chance sold 2,500

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On February 1, Chance the Rapper Co. reacquired 4,000 shares of its common stock at $75 per share. On March 15, Chance sold 2,500 of the reacquired shares at $80 per share. Journalize the entry for February 1 and March 15.

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