Harlee Inc. has 60,000 shares of $5 par common stock outstanding at the beginning of the year 2020. Prepare entries for the following transactions affecting stockholders equity. Assume Paid-in CapitalTreasury Stock has a zero beginning balance.

a. January 15, 2020: Purchased common stock as treasury shares, 2,000 shares at $20 per share.

b. June 15, 2020: Sold common treasury stock, 800 shares at $14 per share.

Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order.