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Treasury Stock Transactions Including Retirement The following stock transactions of Carmel Corporation represent all its treasury stock transactions for the year: June 1 Purchased 1,000

Treasury Stock Transactions Including Retirement

The following stock transactions of Carmel Corporation represent all its treasury stock transactions for the year:

June 1 Purchased 1,000 shares of its own $30 par value common stock for $70 per share, the current market price.
10 Sold 250 shares of treasury stock purchased on June 1 for $80 per share.
20 Sold 350 shares of treasury stock purchased on June 1 for $58 per share.
30 Retired the remaining shares purchased on June 1. The original issue price was $42 per share.

Record Carmel Corporation's stock transactions using T accounts. If an amount is zero, enter "0

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What are the values to be entered next to the red X?

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