On Jan 6, 2017, Docker Inc. purchased 850 shares of its own common stock in the market at a price of $18.50 per share. On Oct 25, 2017, 500 of these shares were sold in the open market at a price of $20.20 per share. There were 35,000 shares of Docker common stock outstanding prior to the Jan 6, 2017 purchase of treasury stock. A $0.35 per share cash dividend on the common stock was declared and paid on June 22, 2017.

Prepare the journal entries to record each of the transactions.

a. The purchase of the treasury stock on Jan 6, 2017. Record the purchase of 850 shares of treasury stock @ $18.50 per share. Date General Journal Debit Credit Jan 06, 2017.

Date	General Journal	Debit	Credit
Jan 06,2017

b. The declaration and payment of the cash dividend on June 22, 2017 (enter as a single entry rather than a compound entry). Date General Journal Debit Credit June 22, 2017.

Date	General Journal	Debit	Credit
June 22,2017

c. The sale of the treasury stock on Oct 25, 2017. Date General Journal Debit Credit Oct 25,2017.

Date	General Journal	Debit	Credit
Oct 25,2017