A company reported the following stockholders' equity on January 1 of the current year: Common stock-$10 par value, 1,000,000 shares authorized; 257,000 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. March 1 May 5 $ 2,570,000 1,267,000 1,682,000 $ 5,519,000 Purchased 10,700 shares of its own stock for $19 cash per share. Sold 4,700 shares of its treasury stock for $19 cash per share. October 12 Sold 2,700 shares of its treasury stock for $20 cash per share.