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A company reported the following stockholders' equity on January 1 of the current year: Common stock, S10 par. 1,000,000 shures authorized, 100.000 shares issued. $4,000,000

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A company reported the following stockholders' equity on January 1 of the current year: Common stock, S10 par. 1,000,000 shures authorized, 100.000 shares issued. $4,000,000 Paid-in capital in cxcons of par, common 1,200,000 Retained earnings.... 1.600.000 Total stockholders' equity... $6,800,000 Prepare journal entries for the following selected transactions related to this company's stock during the current year: Mar. 1 Purchased 10,000 shares of treasury stock for $17 per share. May 5 Sold 4,000 shares of treasury stock for S16 per share. Oct. 12 Sold 2,000 shares of treasury stock for $18 per share. P. R. Date Account Titles and Explanation Debit Credit

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