reacquired shares at $66 per share. On August 22, Lava Lake Inc. sold 1,300 shares at $59 per share. a. Journalize the transactions of February 11, April 30, and August 22. 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. For what reasons might Lava Lake have purchased the treasury stock? 3 more Check My Work uses remaining