On January 1, 2021, the stockholders' equity section of Kingman Corporation shows: common stock ($5 par value) $2,000,000; paid- in capital in excess of par value $1,200,000; and retained earnings $1,500,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 60,000 shares for cash at $13 per share. July 1 Sold 15,000 treasury shares for cash at $15 per share. Sept. 1 Sold 10,000 treasury shares for cash at $11 per share. Date Account Titles and Explanation Debit Credit KIN Stockholders' Equity $