Treasury 5 tock Transactions Mystic Lake Inc, bottles and distributes spring water, On July 9 of the current year, Mystic Lake reacquired 3,800 shares of its common stroc at $58 per share. On September 22, Mystic Lake sold 2,700 of the rescquired shares at $65 per share. The remaining 1,100 shares were sold at $56 per share on November 23 . a. Journalize the transactions of July 9 , September 22 , and November 2.3. If an amount box does not require an entry, leave it blank. b. What is the balance in Paid-in Capital from Sale of Treasuripitock on December 31 of the current year? a. Journalize the transactions of July 9 , September 22 and Nove July 9 b. What is the balance in Paid-In Capital from S $ c. For what r ke Inc. have c. For what reasons might Mystic Lake Inc. have purchased the treasury stock? To support the market price of the stock. To provide shares for resale to employees. For reissuance to employees as a bonus according to stock purchase agreements. None of these reasons. All of these reasons