Tesla Motors’s disclosure notes for the year ending December 31, 2017, included the following regarding its $0.001 par common stock:
EMPLOYEE STOCK PURCHASE PLAN—Our employees are eligible to purchase our common stock through payroll deductions of up to 15% of their eligible compensation, subject to any plan limitations. The purchase price would be 85% of the lower of the fair market value on the first and last trading days of each six-month offering period. During the years ended December 31, 2017, 2016, and 2015, we issued 370,173, 321,788, and 220,571 shares under the ESPP for $71.0 million, $51.7 million, and $37.5 million, respectively. There were 1,423,978 shares available for issuance under the ESPP as of December 31, 2017.

Required:
Prepare the journal entry that summarizes Tesla’s employee share purchases for the year ending December 31, 2017.