Treasury Shares Exercises The Estrella Corporation purchased 5,000 outstanding shares (which had already been issued previously) from its shareholders and paid $250,000.00 for them. Sometime after this transaction, he resold 2,000 shares for a price of $53 per share, then resold another 2,000 shares for a price of $48 per share, and finally resold 1,000 shares for a price of $43 per share. Prepare journal entries for the purchase of the outstanding shares and the three sales of treasury shares. You must record each and every transaction in the Treasury Stock Journal. please show the journal record in table form. Compose with the results of your calculations a writing explaining the whole process in detail.