Treasury to transactions Mystic Lake toc. bottles and distributes spring water on July of the current year, Mystic Lake reacquired 80,000 shares or is common stock 8 544 per share on September 22. Wait Lane roid 55.000 of the reacquired shares at $S2 per share. The remaining 25,000 shares were sold at $40 per share on November 23. . Journalize the transactions of July 9. september 27, and November 23, fan amount box does not require an entry wave it blank July Sept. 22 NOV. 23 b. What is the balance in Paid in Capital from Sue of Treasury Stack on December of the current year? For what reasons might Mystic Lake Inc. have purchased the treasury sock