Justice Inc. began 2020 with the following account balances:

Common shares, 150,000 shares authorized,
75,000 issued ........................................................... $2,175,000
Retained earnings ......................................................... 820,000

Record the journal entries for the following transactions:

Jan. 10 Repurchased 7,500 of its own shares for $31 per share.

Feb. 20 Sold 4,000 of the repurchased shares for $32 per share.

Mar. 30 Sold the remaining repurchased shares for $25 per share.