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Problem 15-02 Grouper Company had the following stockholders' equity as of January 1, 2020. Common stock, $ par value, 20,200 shares issued $101,000 Paid-in capital in excess of par--common stock 303,000 Retained earnings 319,000 Total stockholders' equity $723,000 During 2020, the following transactions occurred. Feb. 1 Grouper repurchased 2,060 shares of treasury stock at a price of $18 per share. Mar. 1 720 shares of treasury stock repurchased above were reissued at $16 per share. Mar. 18 490 shares of treasury stock repurchased above were reissued at $15 per share. Apr. 22 650 shares of treasury stock repurchased above were reissued at $20 per share, Prepare the journal entries to record the treasury stock transactions in 2020, assuming Grouper uses the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Thies and Explanation Debit Credit Mar. 1 Prepare the journal entries to record the treasury stock transactions in 2020, assuming Grouper uses the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 Mar. 18 la Prepare the stockholders' equity section as of April 30, 2020. Net income for the first 4 months of 2020 was $137,100. (Enter account name only and do not provia descriptive information.) GROUPER COMPANY Stockholders' Equity

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