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Vaughn Company has the following stockholders' equity accounts at December 3 1 , 2 0 2 5 . Common Stock ( $ 1 0 0

Vaughn Company has the following stockholders' equity accounts at December 31,2025. Common Stock ($100 par value, authorized 8,200 shares) Retained Earnings $462,000295,200(a) Prepare entries in journal form to record the following transactions, which took place during 2026.(List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)1.290 shares of outstanding stock were purchased at $98 per share. (These are to be accounted for using the cost method.)2. A $18 per share cash dividend was declared. 3. The dividend declared in (2) above was paid. 4. The treasury shares purchased in (1) above were resold at $102 per share. 5.520 shares of outstanding stock were purchased at $104 per share. 6.320 of the shares purchased in (5) above were resold at $97 per share.

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