Mystic Lake inc, bottles and distributes spring water. On July 9 of the current year, Mystic Lake reacquired 40,300 shares of its common stock at \$42 per share. On September 22, Mystic Lake sold 32,400 of the reacquired shares at \$49 per share. The remaining 7,900 shares were sold at $41 per share on November 23. Required: a. Joumahize the transactions of July 9, Soptember 22, and November 23. Fofer to the Chart of Accounts for exact wording of account vites. b. What is the balance in Paiduln. Capital from Sale of Treasury Stock on December 31 of the current year? c. For what reasons might Mystic Lake inc. have purchased the treasury stock? JOURNAL b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. For what reasons might Mystic Lake lnc. have purchased the treasury stock? Check all that apply. The company wishes to receive more of its own dividends. For relssuance to employees as a bonus according to stock purchase agreements. To provide shares for resale to employees