$4.$ In $2024,$ Southwestern Corporation completed the treasury stock transactions listed below.

February $2$: Reacquired $78,000$ shares at $$12\mathrm{.}80.$

March $17$: Sold $28,000$ shares at $$14\mathrm{.}40.$

May $17$: Sold $33,000$ shares at $$8\mathrm{.}40.$

Southwestern had issued $100,000$ shares of its $$1$ par common stock for $$10$ several months ago.

Required:

Prepare the journal entries to record the above transactions, using the cost method.