Sonora Corporation had 45,000 shares of $5 par value common stock issued and outstanding on Dec 31 2014. Each share was issued in 2012 at $14 per share. Prepare the entries in journal form without explanations for the following transactions occurring in 2015.

Jan 4 Purchased 7,500 shares of treasury stock for $16 per share. This is the first transaction involving its own stock ever engaged in by the company.

Jan 31 Sold 1,500 shares of treasury stock for $15 per share

Feb 20 Sold 1,500 shares of treasury stock for $18 per share

Mar 16 Sold 1,500 shares of treasury stock for $11 per share

Apr 5 Retired 3,000 shares of treasury stock

May 8 Purchased 750 shares of treasury stock for $12 per share

May 31 Retired 750 shares of treasury stock purchased on May 8