SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 19,900 shares of its common stock at $19 per share. On June 9, 13,500 of the reacquired shares were sold at $24 per share, and on November 13, 5,100 of the reacquired shares were sold at $20.

Required:

	a. Journalize the transactions of March 9, June 9, and November 13. Refer to the Chart of Accounts for exact wording of account titles.
	b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year?
	c. What is the balance in Treasury Stock on December 31 of the current year?
	d. How will the balance in Treasury Stock be reported on the balance sheet?