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Agler Corporation's balance sheet reported the following: Capital stock outstanding, 4,000 shares, par $30 per share $120,000 Paid-in capital in excess of par 82,900 Retained

Agler Corporation's balance sheet reported the following:

Capital stock outstanding, 4,000 shares, par $30 per share $120,000
Paid-in capital in excess of par 82,900
Retained earnings 106,900

The following transactions occurred this year:

(a) Purchased 210 shares of capital stock to be held as treasury stock, paying $62 per share.
(b) Sold 140 of the shares of treasury stock at $66 per share.
(c) Sold the remaining shares of treasury stock at $48 per share.

Prepare the journal entry for these transactions under the cost method of accounting for treasury stock.

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