PLEASE SHOW CALCULATIONS AS WELL

On January 1, 2020, Tamarisk, Inc. issued 18,000 shares of $2 par value common stock for $160,000. On March 1, 2020, the company purchased 4,700 shares of its common stock for $16 per share for the treasury. Journalize the stock transactions of Tamarisk, Inc. in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit