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On Janvary 1, 2019, Tommyboy Corporation repurchases 12,100 shares of its outstanding common stock for $26 per share. On May 1,2019, Yommyboy seils 9,500 thares of treasury stock for $17 per share. On October 1, 2019, Tommyboy selis 1,500 shares of its treasury stock for $44 per share. Required: (Record reissue or creasury snares) 2. How will these transactions affect Tommyboy's 2019 income statement? he income statement is by treasury stock transactions because the income statement