On February 7, 2024, Ivanhoe Corp. had a balance of $270,000 in its Common Shares account and the total number of shares issued was 21,600 . On February 8, 2024, Ivanhoe paid $8,500 to reacquire 900 shares. On December 22, 2024, the company paid $27,000 to reacquire 1,800 shares. Record the two transactions in which Ivanhoe reacquired its shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)