Stockco was incorporated on December 31, 2004. Immediately after the new shares were issued, Stockco's stockholders' equity was as follows (in thousands): Common stock ($1 par value) 1,000 Additional paid-in capital (APIC) 39,000 Total contributed capital $40,000 1. How many shares were outstanding on December 31, 2004? What was the market value per share at this date? 2. Stockco purchased 5,000 of their own shares during 2005 when the market price was $37 per share. Make the entry for the repurchased shares. 3. Stock reissued 1,000 treasury shares later in 2005 when the market price was $42 per share. During 2006, 1,000 additional shares were reissued at $36 per share. Make the entries for the reissues