On January 2 , Liberty Corporation was authorized to issue 120,000 shares of $5 par value common stock. Liberty issued 24,000 shares of common stock on January 15 at $15 per share. Required a. Record the entry on June 30 for purchase of 2,640 common shares for the treasury at $18 per share. b. Record the entry on September 20 for sale of 960 treasury shares at $21 per share. c. Record the entry on November 3 for sale of 600 treasury shares at $17 per share. d. Record the entry on December 15 for sale of 480 treasury shares at $13 per share. e. Determine the number of shares issued and the number of shares outstanding on the following dates (after transactions have been recorded): June 30 ; September 20 ; November 3 ; and December 15