In 2021, western transport company entered into the treasury stock transactions described below. in 2016, western transport had issued 140 million shares of its $1 par common stock at $17 per share.

required:
prepare the appropriate journal entry for each of the following transactions: (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions (i. e., 10,000,000 should be entered as

on january 23, 2021, western transport reacquired 10 million shares at $20 per share.
on september 3, 2021, western transport sold 1 million treasury shares at $21 per share.
on november 4, 2021, western transport sold 1 million treasury shares at $18 per share.

Question 3 options: ps.55 four corners is an ibc company that sells delicious navajo tacos in the crossroads food court. part of their success can be attributed to the freshly fried indian bread that is used not only for the tacos, but also for dessert items. as demand grows the fry-bread process is becoming a bottleneck. operations management for the company is looking at two different process options to replace the highly manual process currently being used. option 1 (medium automation) would cost $175 to implement whereas option 2 (high automation) would cost $350. with option 1 the variable cost per fry bread produced would be $0.20. the variable cost for option 2 would be $0.09 per fry bread. at what volume (demand) of fry breads is the cost for the two options the same? (display your answer to two decimal places.)