The following information is provided from the Forza Corporations accounting records.

1.	Issued 2,500 shares of $1 par common stock at $23 a share.
2.	Issued 7,500 shares of $1 par common stock in exchange for land valued at $65,000.
3.	In order to prevent a hostile takeover the company reacquired the 7,500 shares for $20 per share as treasury stock.
4.	The hostile takeover did not succeed, and the company reissued 5,500 of the treasury shares of $21 per share.
5.	The remaining treasury shares were reissued for $22 per share and an additional 2,000 shares were issued at the same price.

Required:

Prepare the journal entries for the stock transactions, using the cost method assumption to account for the treasury stock.