Clemson Company had the following stockholders equity as of January 1, 2014.

Common stock, $5 par value, 20,000 shares issued...........................$100,000

Raid-in capital in excess of par*common stock.................................300,000

Retained earnings................................................................................320,000

Total stockholders* equity.........................................................$720,000

During 2014, the following transactions occurred.

Feb. 1 Clemson repurchased 2,000 shares of treasury stock at a price of $19 per share.

Mar. 1 800 shares of treasury stock repurchased above were reissued at $17 per share.

Mar. 18 500 shares of treasury stock repurchased above were reissued at $14 per share.

Apr. 22 600 shares of treasury stock repurchased above were reissued at $20 per share.

(a) Prepare the journal entries to record the treasury stock transactions in 2014, assuming Clemson uses the cost method. (Credit account titles are automatIcat. Indented when amount Is entered. Do not indent manually. If no entry Is required, select "No Entry" for the account titles and enter 0 for the amounts.)

(b) Prepare the stockholders equity section as of April 30, 2014. Net income for the first 4 months of 2014 was $130,000. (Enter account name only and do not provide descriptive information.