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SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 12,700 shares of

SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 12,700 shares of its common stock at $37 per share. On June 9, 8,000 of the reacquired shares were sold at $40 per share, and on November 13, 3,000 of the reacquired shares were sold at $43.

Question Content Area 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 - Select - - Select -

- Select - - Select - June 9 - Select - - Select -

- Select - - Select -

- Select - - Select - Nov. 13 - Select - - Select -

- Select - - Select -

- Select - - Select - Question Content Area 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 b88570032fb8fb2_1

c. What is the balance in Treasury Stock on December 31 of the current year? $fill in the blank b88570032fb8fb2_3

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

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