Treasury Stock Transactions Mystic Lake Inc bottles and distributes spring water on July 9 of the current year, Mystic Lake reacquired 7,200 shares of its common stock at $57 per share on September 22, Mystic Lake sold 5,000 of the reacquired shares at $64 per share. The remaining 2,200 shares were sold at $54 per share on November 23 a. Journalize the transactions of July 9, September 22, and November 23. If an amount box does not require an entry, leave it blank. July Trey Stock Cash Seot 22 Cash Tas Stock Paldin Capital from Sale of Treasury Stock III III Nov 23 Cash Paid In Capital from Sale of Treapury Stock Treasury Stock Feedback Check My Work b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year Credit c. For what reasons might Mystic Lake Inc. have purchased the treasury stock? All of these reasons Feedback Check My Work Feedback Check My Work