Sunland Company purchased from its stockhalders 5,300 sharas of its own previously issuad stock for $275,600. It later resold 2,000 shares for $55 par share, then 2,000 more shares for $50 per sharz, and finally 1,300 shares for $44 per share. Prepare journal antries for the purchase of the traasury stock: and the threa sales of treasury stock. (Credit account titles 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 0 for the amounts.)