Capital Corporation had the following stockholders' equity accounts on January 1, 2022 Common Stock ($5 par) $500,000, Paid-in Capital in Excess of Par-Common Stock $200,000, and Retained Eamings $100,000. In 2022, the company had the following treasury stock transactions Mar 1 Purchased 5,000 shares at $8 per share June 1 Sold 1,000 shares at $12 per share Sept 1 Sold 2,000 shares at $10 per share Sold 1,000 shares at $7 per share. Dec. 1 Capital Corporation uses the cost method of accounting for treasury stock Required: Prepare the necessary journal entries to record the above treasury stock transactions