On June 8, Elkhardt Ltd was incorporated and issued 62,000 common shares for $372,000. On August 19, an additional 15,500 shares were issued for $108,500. On November 2, the company paid $33,640 to reacquire 5,800 common shares and on December 7 it paid $59,250 to reacquire 7,900 common shares. Prepare the journal entries to record the above transactions. (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 o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 7