This is the transaction list for the journal entries:

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The following information applies to the questions displayed below. Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $38,500 and the following selected transactions occurred in the order given: a. Issued 63,000 shares of the common stock at $12 cash per share. b. Reacquired 2,300 shares at $15 cash per share from stockholders; the shares are now held in treasury. c. Reissued 1,150 of the shares in transaction (b) two months later at $18 cash c. Reissued 1150 of per share