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SkyBox Company originally issued 33,000 shares of $5 par common stock for $270,000 on January 3, 2020. Lisa purchased 1,400 shares of treasury stock for

SkyBox Company originally issued 33,000 shares of $5 par common stock for $270,000 on January 3, 2020. Lisa purchased 1,400 shares of treasury stock for $14,000 on November 2, 2020. On December 6, 2020, 590 shares of the treasury stock are sold for $7,000.

Prepare journal entries to record these stock transactions.

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