Prepare journal entries for the following treasury stock transactions. Assume that all three happen in order when preparing each entry.
2/15/2015	Purchased 48,000 shares for cash at $13.50 per share.
6/6/2015	Sold 12,500 treasury shares for cash at $16.00 per share.
8/30/2015	Sold 9,500 treasury shares for cash at $12.00 per share.
Instructions: Prepare journal entries for the above transactions.