reacquired shares at $60 per shere. On August 22, Lava Lake Inc. sold 1,300 shares at 553 per thare. a. Joumasue the transections of February 11, Anni 30, and August 22. If an amount box doet not require an entry, leave if blank: b. What is the baiance in Phidinh Caputat from Soie of Treasury stock on December 31 of the currene vear? C. For what teasons might lavs Lake have purchated the treasury stock