Curtis Corporation's balance sheet included the following:

Common Stock, $5 par value, 5,000 shares issued

and outstanding                                                      $25,000

Retained Earnings                                                   20,000

Total Stockholders' Equity                                    $45,000

Prepare journal entries for the following transactions.

May   3         Issued 500 shares at $6 per share.

           9         Reacquired 100 shares at $4 per share.

           15       Reissued 50 of the Treasury shares at $7 per share.

           17       Reissued 10 of the Treasury shares at $3 per share.