a company reported the following stockholders equity on January 1 of the current year common stock $10 par value 1,000,000 shares authorized 2570000 shares issued paid in capital in excess of par value common stock 1267000 retained earnings 16820000 total stockholders equity 5519000

prepare journal entries for the following transactions

march 1 purchased 10,700 shares of its own stock for $19 cash per share.

may 5 sold 4700 shares of its treasury stock for $19 cash per share

october 12 sold 2700 shares of its treasury stock for $20 cash per share.