Treasury Stock Transactions Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired 2,600 shares of its common stock at $50 per share. On September 6, Biscayne Bay Water Inc. sold 2,100 of the reacquired shares at $53 per share. The remaining 500 shares were sold at $47 per share on November 30. a. Journalize the transactions of May 14, September 6, and November 30. If an amount box does not require an entry, leave it blank. May 14 Treasury Stock Cash Sept. 6 Cash Treasury Stock Paid-in Capital from Sale of Treasury Stock Nov. 30 Cash Paid-in Capital from Sale of Treasury Stock Treasury Stock 130,000 130,000 111,300 105,000 23,500 1,500 24,000 X