Clemson SE had the following equity as of January 1, 2022.

Share capital—ordinary, €5 par value, 20,000 shares issued ........ €100,000
Share premium—ordinary .................................................................... 300,000
Retained earnings .................................................................................. 320,000
Total equity ........................................................................................... €720,000

During 2022, the following transactions occurred.

Feb. 1	Clemson repurchased 2,000 treasury shares at a price of €19 per share.
Mar. 1	800 shares of treasury shares repurchased above were reissued at €17 per share.
Mar. 18	500 shares of treasury shares repurchased above were reissued at €14 per share.
Apr. 22	600 shares of treasury shares repurchased above were reissued at €20 per share.

Instructions

a. Prepare the journal entries to record the treasury share transactions in 2022, assuming Clemson uses the cost method.

b. Prepare the equity section of the statement of financial position as of April 30, 2022. Net income for the first 4 months of 2022 was €130,000.