P15.5 (LO 2) Excel (Treasury Stock-Cost Method) Before Gordon Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the following account balances (par value of its stock is $30 per share). Instructions Record the treasury stock transactions (given below) under the cost method of handling treasury stock; use the FIFO method for purchase-sale purposes. a. Bought 380 shares of treasury stock at $40 per share. b. Bought 300 shares of treasury stock at $45 per share. c. Sold 350 shares of treasury stock at $42 per share. d. Sold 110 shares of treasury stock at $38 per share