On January 1, 2020, the stockholders' equity section of Martinez Corporation shows: Common stock ($5 par value) $1,510,000; paid- in capital in excess of par value $41,400; and retained earnings $1,260,000. During the year, the following treasury stock transactions occurred. Mar. 1 July 1 Sept. 1 Purchased 32,000 shares for cash at $21 per share. Sold 6,900 treasury shares for cash at $27 per share. Sold 5,300 treasury shares for cash at $19 per share.