Propst-Steele Production Corporations accounting records provide the following information on December 31:

1.	Issued 5,000 shares of no-par common stock at $15 per share.
2.	Issued an additional 5,000 shares of no-par common stock at $17 per share.
3.	Reacquired 500 shares of its no-par common stock at a cost of $12.50 per share.
4.	Reissued 200 of its treasury shares at $14 per share.
5.	Reissued the remaining treasury shares at $11 per share.

Required:

Prepare journal entries to account for the preceding stock transactions of Propst-Steele Production, assuming it uses the cost method for treasury stock.