A company has 10,000 shares of $10 par common stock outstanding. Prepare entries to record the following:

Purchased 1,500 shares of treasury stock at $16. The treasury stock is accounted for by the cost method. There were no previous purchases of treasury shares.

Sold 1,000 shares of treasury stock at $19.

Purchased equipment for $80,000, paying $25,000 in cash and issuing 4,000 shares of common stock for the remaining.

Sold 500 shares of treasury stock at $14.