Problem 15-2 Pronghorn Company had the following stockholders’equity as of January 1, 2017. Common stock, $5 par value, 21,000shares issued $105,000 Paid-in capital in excess of par—commonstock 297,000 Retained earnings 316,000 Total stockholders’ equity$718,000 During 2017, the following transactions occurred. Feb. 1Pronghorn repurchased 1,960 shares of treasury stock at a price of$17 per share. Mar. 1 750 shares of treasury stock repurchasedabove were reissued at $15 per share. Mar. 18 510 shares oftreasury stock repurchased above were reissued at $13 per share.Apr. 22 560 shares of treasury stock repurchased above werereissued at $18 per share. Prepare the journal entries to recordthe treasury stock transactions in 2017, assuming Pronghorn usesthe cost method. (Credit account titles are automatically indentedwhen amount is entered. Do not indent manually. If no entry isrequired, select "No Entry" for the account titles and enter 0 forthe amounts.) Date Account Titles and Explanation Debit Credit Mar.1 Mar. 18 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Preparethe stockholders’ equity section as of April 30, 2017. Net incomefor the first 4 months of 2017 was $130,300. (Enter account nameonly and do not provide descriptive information.) PRONGHORN COMPANYStockholders’ Equity $ : $