On January 1, 2019, Gage Inc. had 200,000 share $1 par value common stock issued and outstanding. Prepare the following journal entries in good form:

March 1 - Issued 10,000 shares of common stock at $37 per share.

June 16 - Bought 5,000 shares of common stock at $29 per share.

Oct. 3 - Sold 2,500 shares of treasury stock at $30 per share.

Dec. 17 - Sold 1,000 shares of teasury stock at $26 per share.