Prepare the entries in journal form necessary to record the following stock transactions of Horsetail Corporation. These transactions represent all treasury stock transactions entered into by the company.

June	1		Purchased 2,000 shares of its own $30 par value common stock for $105 per share, the current market price.
	10		Sold 500 shares of treasury stock purchased on June 1 for $120 per share
	20		Sold 700 shares of treasury stock purchased on June 1 for $87 per share.
	30		Retired the remaining shares purchased on June 1. The original issue price was $63 per share.