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Splish Brothers inc, purchased from its stockholders 6,000 shares of its own previously issued stock for $306,000. It later resold 1.600 shares for $54 per

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Splish Brothers inc, purchased from its stockholders 6,000 shares of its own previously issued stock for $306,000. It later resold 1.600 shares for $54 per share, then 1,600 more shares for $.4 per share, and finally 2,800 shares for $43 per share. Prepar journal entries for the purchase of the treasury stock and the three sales of treasury stock. (Credit occount tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) (To record purchase from stockholders.) (To record sales of shares at $54 per share.) (To record sales of shares at $49 per share.) (To record sale of shares at $43 per share.)

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