$9$ HW Exercise $13\mathrm{.}7$ a$-$b

$1$ On January $1,2022,$ the stockholders' equity section of Sarasota Corporation shows common stock $($ $$5$ par value$)$ $$1,500,000$; paid$-$in capital in excess of par $$1,050,000$; and retained earnings $$1,230,000.$ During the year, the following treasury stock transactions occurred.

$1-$Mar Purchased $49,000$ shares for c$$sh at $$15$ per share.

$1-$Jul Sold $10,500$ treasury shares for cash at $$17$ per share.

$1-$Sep Sold $8,500$ treasury shares for cash at $$14$ per share.

a$.$ Journalize the treasury stock transactions.

b$.$ Restate the entry for September $1,$ assuming the treasury shares were sold at $$11$ per share.