RiverbedCompany had the following stockholders equity as of January 1, 2017.

Common stock, $5par value,20,200shares issued $101,000

Paid-in capital in excess of parcommon stock 303 000

Retained earnings 319,000

Total stockholders equity $723,000

During 2017, the following transactions occurred.

Feb. 1 Riverbed repurchased2,060shares of treasury stock at a price of $18per share.

Mar. 1 720shares of treasury stock repurchased above were reissued at $16per share.

Mar. 18 490shares of treasury stock repurchased above were reissued at $15per share.

Apr. 22 650shares of treasury stock repurchased above were reissued at $20per share.

(a)

Prepare the journal entries to record the treasury stock transactions in 2017, assuming Riverbed uses the cost method.