Problem $1(25$ points$)$ On January $1,2024,$ MBI Company had the following account balances. Prepare appropriate journal entry for each of the following transactions in $2024$: January $31$ Reacquired $10,000$ shares at $\backslash (\backslash$$ $10\backslash )$ per share. The company recorded reacquired shares as treasury stock. May $1$: $\backslash (\backslash$quad $\backslash )$ Reissued $5,000$ shares of treasury stock at $\backslash (\backslash$$ $11\backslash )$ per share. ctober $1$: Reissued $3,000$ shares of treasury stock at $\backslash (\backslash$$ $8\mathrm{.}5\backslash )$ per share. vember $1$: Declared and distributed a $\backslash (5\backslash \%\backslash )$ stock dividend on outstanding common stock. The market value of the stock is $\backslash (\backslash$$ $8\backslash )$ per share.