A Company Reported the Following Stockholders' Equity on January 1

A company reported the following stockholders' equity on January 1 of the current year:
$\begin{array}{|l|c|}\hline \begin{array}{l}\text { Common stock, } \$ 10 \text { par, } 1,000,000 \text { shares } \\\text { authorized, } 250,000 \text { shares issued } \ldots \ldots . .\end{array} & \$ 2,500,000 \\\hline \text { Paid-in capital in excess of par, common } & 1,260,000 \\\hline \text { Retained earnings } & 1,675,000 \\\hline\text { Total stockholders' equity }&\$5,435,000\end{array}$
Prepare journal entries for the following selected transactions related to this company's stock during
the current year:
Mar. 1 Purchased 10,000 shares of treasury stock for $18 per share. May 5 Sold 4,000 shares of treasury stock for $16 per share.
Oct. 12 Sold 2,000 shares of treasury stock for $19 per share.