Flounder Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 21,200 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity During 2020, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 $106,000 305,000 315,000 $726,000 Flounder repurchased 1,910 shares of treasury stock at a price of $18 per share. 790 shares of treasury stock repurchased above were reissued at $16 per share. 530 shares of treasury stock repurchased above were reissued at $14 per share. 580 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 flounder uses the cost method