Before Gordon Corporation engages in the treasury stock transactions listed below, its general ledger reflects, among others, the following account balances (par value of its stock is $30 per share).

                        

Instructions
Record the treasury stock transactions (given below) under the cost method of handling treasury stock; use the FIFO method for purchase-sale purposes.
  (a) Bought 380 shares of treasury stock at $40 per share.
  (b) Bought 300 shares of treasury stock at $45 per share.
  (c) Sold 350 shares of treasury stock at $42 per share.
  (d) Sold 110 shares of treasury stock at $38 per share.