Current Attempt in Progress

Culver Corporation's balance sheet reported the following:

Capital stock outstanding, $6,500$ shares, par $$40$ per share $$260,000$

$80,300$

$109,900$

Retained earnings

The following transactions occurred this year:

$($a$)$ Purchabed $180$ shares of capital stock to be held as treasury stock, paying $$59$ per share.

Sold $1$ &$0$ of the shares of treasury stock at $$64$ per share.

Gold the rembining shares of treasury stock at $$51$ per share.

Propare the journal entry for these transactions under the cost method of accounting for treasury stock. $($List all debit entries be credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no ent is reguliest, sectect tho Entry for the account tittes and enter $0$ for the amounis.$)$

Kia. Account Tittes and Explanation

Deblt

Credit