Wonder Ltd$.$ has treasury stock transactions in $20$X$9$ as follows:

a$.$ Feb. $27$ Purchased $140,000$ common shares as treasury stock at $$6\mathrm{.}50$ per share.

b$.$ March $15$ Purchased $64,000$ common shares as treasury stock for $$5\mathrm{.}50$ per share.

c$.$ April $30$ Reissued $100,000$ shares of treasury stock for $$4\mathrm{.}25$ per share.

d$.$ May $16$ Purchased $54,000$ common shares as treasury stock for $$6\mathrm{.}05$ per share.

e$.$ Nov. $26$ Reissued $268,000$ shares of treasury stock for $$4$ per share.

At the end of $20$X$8,$ Wonder Limited had reported the following in shareholders$$ equity:

Common shares, no$-$par value; authorized, unlimited shares; issued, $5,800,000$ shares, outstanding, $5,500,000$ shares $ $21,117,000$

Contributed capital on treasury stock transactions $133,600$

Retained earnings $14,840,000$

Treasury stock, $300,000$ common shares $(1,260,000)$

Required:

$1.$ Prepare journal entries for the treasury stock transactions.

$2.$ Calculate the balances in the equity accounts, after the effects of the transactions in requirement $1.$