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On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock ($7 par value) $2, 100,000; paid-in capital In excess of par

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On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock ($7 par value) $2, 100,000; paid-in capital In excess of par $1, 100,000; and retained earnings $1, 170,000. During the year, the following treasury stock transactions occurred. Journalize the treasury stock transactions. (Record Journal entries In the order presented In the problem. Credit account titles are automatically Indented when amount Is entered. Do not Indent manually.)

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