Swifty Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 18,700 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity During 2020, the following transactions occurred. Feb. 1 Mar. 1 18 Mar. Apr. 22 $93,500 295,000 321,000 $709,500 Swifty repurchased 1,970 shares of treasury stock at a price of $19 per share. 840 shares of treasury stock repurchased above were reissued at $17 per share. 500 shares of treasury stock repurchased above were reissued at $14 per share. 620 shares of treasury stock repurchased above were reissued at $21 per share. (a) - Your answer is partially correct Prepare the journal entries to record the treasury stock transactions in 2020, assuming Swifty uses the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation b. 1 Treasury Stock Cash Debit Credit 37,430 37.430