Clemson Company had the following stockholders equity as of January 1, 2020.

Common stock, $5 par value, 20,000 shares issued		$100,000
Paid-in capital in excess of parcommon stock		300,000
Retained earnings		320,000
Total stockholders equity		$720,000

During 2020, the following transactions occurred.

Feb. 1		Clemson repurchased 2,000 shares of treasury stock at a price of $19 per share.
Mar. 1		800 shares of treasury stock repurchased above were reissued at $17 per share.
Mar. 18		500 shares of treasury stock repurchased above were reissued at $14 per share.
Apr. 22		600 shares of treasury stock repurchased above were reissued at $20 per share.

Prepare the journal entries to record the treasury stock transactions in 2020, assuming Clemson uses the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Feb. 1Mar. 1Mar. 18Apr. 22
Mar. 1
Mar. 18
Feb. 1Mar. 1Mar. 18Apr. 22

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List of Accounts

Prepare the stockholders equity section as of April 30, 2020. Net income for the first 4 months of 2020 was $130,000. (Enter account name only and do not provide descriptive information.)

CLEMSON COMPANY Stockholders Equity April 30, 2020For the Year Ended April 30, 2020For the Quarter Ended April 30, 2020
			$
Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity
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Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity			$

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List of Accounts

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