Exercise 11-12A (Algo) Treasury stock transactions LO 11-5 Elroy Corporation repurchased 3,100 shares of its own stock for $50 per share. The stock has a par of $15 per share. A month later, Elroy resold 775 shares of the treasury stock for $58 per share. Required a. Record the two events in general journal format. b. What is the balance of the treasury stock account after these transactions? Complete this question by entering your answers in the tabs below. Record the two events in general journal format, (If no entry is required for a transactionvevent, seiect "No joumal encry required" in the firt account fieid.)