Treasury Stock Transactions Lava Lake Inc. bottles and distributes spring water. On February 11 of the current year, Lava Lake reacquired 5,300 shares of its common stock at $61 per share. On April 30, Lava Lake Inc. sold 3,700 of the reacquired shares at $66 per share on August 22, Lava Lake Inc. sold 1,600 shares at $58 per share. a. Journalize the transactions of February 11, April 30, and August 22. If an amount box does not require an entry, leave it blank. Feb. 11 Apr. 30 Aug. 22