CarlaCompany had the following stockholders' equity as of January 1, 2020.

Common stock, $5par value,21,900shares issued $109,500 Paid-in capital in excess of parcommon stock 304,000 Retained earnings 321,000Total stockholders' equity $734,500

During 2020, the following transactions occurred.

Feb. 1, Carla repurchased2,030shares of treasury stock at a price of $17per share. Mar. 18, 60shares of treasury stock repurchased above were reissued at $15per share. Mar. 18, 520shares of treasury stock repurchased above were reissued at $13per share. Apr. 22, 600shares of treasury stock repurchased above were reissued at $20per share.

Prepare the journal entries to record the treasury stock transactions in 2020, assuming Carla uses the cost method.

Prepare the stockholders' equity section as of April 30, 2020. Net income for the first 4 months of 2020 was $133,400.