Elroy Corporation repurchased 2,100 shares of its own stock for $55 per share. The stock has a par of $10 per share. A month later, Elroy resold 525 shares of the treasury stock for 563 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.) b. What is the balance of the treasury stock account after these transactions? Balance of treasury stock