Problem 4 MHF Corporation has 500,000 shares of $5 par common stock outstanding on 1/1/20 1. On 3/1/20, the company repurchased 100,000 shares for $12 per share 2. On 6/1/20, the company resold 40,000 of the shares purchased in item 1 for $18 per share 3. On 11/1/20, the company resold 45,000 of the shares purchased in item 1 for $4 each Record the three transactions in t accounts