The following selected transactions occurred for Corner Corporation:

February $1$ Purchased $600$ shares of the company' s own common stock at $$40$ cash per share; the stock is now held in treasury.

July $15$ Issued $200$ of the shares purchased on February $1$ for $$50$ cash per share.

September $1$ Issued $160$ more of the shares purchased on February $1$ for $$35$ cash per share.

E$11-8($Algo$)$ Part $1$

Required:

Indicate the account, amount, and direction of the effect for the above transactions. $($Enter any decreases to account balances with

a minus sign.$)$