On January 1, 2020, Waterway Company issued 38,000 shares of $2 par value common stock for $159,000. On March 1, 2020, the company purchased 6,700 shares of its common stock for $8 per share for the treasury. On June 1, 2020, 1,600 of the treasury shares are sold for $10 per share. On September 1, 2020, 3,000 treasury shares are sold at $6 per share. Journalize the stock transactions of Waterway Company in 2020. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)