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shares at $50 per share. The remaining 500 shares were sold at $45 per share on November 30 . a. Journalize the transactions of May 14, September 6, and November 30 . If an amount box does not require an entry, leave it blank. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? $ c. Where will the balance in Paid-In Capital from Sale of Treasury Stock be reported on the balance sheet? d. For what reasons might Biscayne Bay Water Inc. have purchased the treasury stock