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

Common stock, $5 par value, 21,000 shares issued		$105,000
Paid-in capital in excess of parcommon stock		298,000
Retained earnings		322,000
Total stockholders equity		$725,000

During 2020, the following transactions occurred.

Feb. 1		Novak repurchased 2,130 shares of treasury stock at a price of $18 per share.
Mar. 1		880 shares of treasury stock repurchased above were reissued at $16 per share.
Mar. 18		450 shares of treasury stock repurchased above were reissued at $13 per share.
Apr. 22		650 shares of treasury stock repurchased above were reissued at $21 per share.

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

Prepare the stockholders equity section as of April 30, 2020. Net income for the first 4 months of 2020 was $136,100.