1. SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 11,800 shares of its common stock at $44 per share. On June 9, 7,400 of the reacquired shares were sold at $47 per share, and on November 13, 2,800 of the reacquired shares were sold at $47.

   a. Journalize the transactions of March 9, June 9, and November 13. If an amount box does not require an entry, leave it blank.

   Mar. 9		fill in the blank baaa06fee027fda_2
   			fill in the blank baaa06fee027fda_4
   June 9		fill in the blank baaa06fee027fda_6	fill in the blank baaa06fee027fda_7
   		fill in the blank baaa06fee027fda_9	fill in the blank baaa06fee027fda_10
   		fill in the blank baaa06fee027fda_12	fill in the blank baaa06fee027fda_13
   Nov. 13		fill in the blank baaa06fee027fda_15	fill in the blank baaa06fee027fda_16
   		fill in the blank baaa06fee027fda_18	fill in the blank baaa06fee027fda_19
   		fill in the blank baaa06fee027fda_21	fill in the blank baaa06fee027fda_22

   b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? $fill in the blank 1897af083029f90_1

   c. What is the balance in Treasury Stock on December 31 of the current year? $fill in the blank 1897af083029f90_3

   d. How will the balance in Treasury Stock be reported on the balance sheet