The Rolek Company was involved in the following treasury stock transactions during 2010: A. Purchased 40,000 shares of its $1 par value common stock on the market for $2.50 per share. B. Purchased 8,000 shares of its $1 par value common stock on the market for $2.80 per share. C. Sold 22,000 shares purchased in (a) for $65,500. D. Sold the other 18,000 shares purchased in (a) for $36,000. E. Sold 3,000 of the remaining shares of treasury stock for $1.60 per share. F. Retired all the remaining shares of treasury stock. All shares originally were issued at $1.50 per share. 1. Record the treasury stock transactions in T accounts.