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Sarasota Corporation has outstanding 19,000 shares of $5 par value common stock. On August 1, 2017, Sarasota reacquired 210 shares at $84 per share. On
Sarasota Corporation has outstanding 19,000 shares of $5 par value common stock. On August 1, 2017, Sarasota reacquired 210 shares at $84 per share. On November 1, Sarasota reissued the 210 shares at $74 per share. Sarasota had no previous treasury stock transactions. Prepare Sarasotas journal entries to record these transactions using the cost method
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