The Yee Man Lai Corporation was authorized to issue $150,000$ no$-$par value common shares. There were $60,000$ shares outstanding for a total value of $$600,000$ as at December $31,20$X$6$ there were retained earnings of $$200,000.$ During $20$X$7,$ The Yee Man Lai Corporation carried out the following transactions:

i$.$ Reacquired and canceled $20,000$ common shares at $$7\mathrm{.}00.$

ii$.$ Declared a cash dividend of $$2\mathrm{.}50.$

iii. Paid the dividend in ii$)$ above.

iv$.$ Sold $10,000$ common shares at $$12\mathrm{.}00$ per share.

v$.$ Reacquired and canceled $17,000$

common shares at $$15\mathrm{.}00.$

Prepare the journal entries for each of the above transactions.