Oregon Outfitters issues 1,300 shares of $1 par value common stock at $18 per share. Later in the year, the company decides to reacquire 120 shares at a cost of $21 per share. 1. Record the original issue of the 1,300 shares. 2. Record the purchase of 120 shares. 3. Record the entry if Oregon Outfitters resells the 120 shares of treasury stock at $26 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, selec "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the original issue of the 1,300 shares. Note: Enter debits before credits. Journal entry worksheet Record the purchase of 120 shares. Note: Enter debits before credits. Journal entry worksheet Record the entry if Oregon Outfitters resells the 120 shares of treasury stock at $26 per share. Note: Enter debits before credits