QUESTION 20 Record the following transactions of Naches Corporation: (a) Reacquired 8,000 of its own $3 par value common stock at $20 cash per share. The stock was originally issued at $15 per share. (b) Sold 2,000 shares of the stock reacquired under part(a) at 523 cash per share. Required: Prepare the journal entries to record the above two transactions. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)