Elroy Corporation repurchased 1,600 shares of its own stock for $30 per share. The stock has a par of $15 per share. A month later, Elroy resold 400 shares of the treasury stock for $38 per share. Required a. Record the two events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the repurchase of own stock. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry View general journal Clear entry b. What is the balance of the treasury stock account after these transactions? Balance of treasury stock >