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

Common stock, $5 par value, 18,900 shares issued $94,500

Paid-in capital in excess of parcommon stock 306,000

Retained earnings 317,000

Total stockholders equity $717,500

During 2017, the following transactions occurred.

Feb. 1 Whispering repurchased 1,900 shares of treasury stock at a price of $18 per share.

Mar. 1 810 shares of treasury stock repurchased above were reissued at $16 per share.

Mar. 18 470 shares of treasury stock repurchased above were reissued at $14 per share.

Apr. 22 550 shares of treasury stock repurchased above were reissued at $19 per share.

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

-Prepare the stockholders equity section as of April 30, 2017. Net income for the first 4 months of 2017 was $138,700.