A company reported the following stockholders' equity on January 1 of the current year: Common stock-$10 par value, 1,000,000 shares authorized; 267,000 shares issued Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity Prepare journal entries for the following selected transactions. $ 2,670,000 1,277,000 1,692,000 $ 5,639,000 March 1 Purchased 11, 700 shares of its own stock for $22 cash per share. May 5 Sold 5,700 shares of its treasury stock for $22 cash per share. October 12 Sold 3,700 shares of its treasury stock for $23 cash per share. View transaction list Journal entry worksheet < 1 2 3 Purchased 11,700 shares of its own stock for $22 cash per share. Note: Enter debits before credits. Date March 01 General Journal Debit Credit View general journal Record entry Clear entry < Prev Journal entry worksheet < 1 2 3 Sold 5,700 shares of its treasury stock for $22 cash per share. Note: Enter debits before credits. Date May 05 General Journal Debit Credit View general journal Record entry Clear entry < Pr Journal entry worksheet < 1 2 3 Sold 3,700 shares of its treasury stock for $23 cash per share. Note: Enter debits before credits. Date October 12 General Journal Debit Credit Record entry Clear entry View general journal