Retirement of stock follows Common stock, $10 par, 1,000,000 shares authorized, 400,000 shares issued Contributed capital in excess of par, common Retained earnings.. Total stockholders' equity. $4,000,000 1,200,000 1600,000 ..$6800 000 Required: record the following transactions to retire repurchased and retire the company's stock under each of the following independent assumptions. 1. On May 1, 2013, repurchased and retire 300 shares for $10 each. 2. On June 1, 2013, repurchased and retire 1500 shares for $5 each. On July 1, 2013, repurchased and retire 800 shares for $15 each (assume this was immediately after the June 1 retirement). 3