Weastiry Stock Transactions Lava Lake the botties and distributes spring water. On Feorvary 11 of...
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Weastiry Stock Transactions Lava Lake the botties and distributes spring water. On Feorvary 11 of the current year, Lava Lake reacquired 5,400 shares of its common stock at 590 per share. On April 30, Lava Lake Inc solid 3, 800 of the reacquired thares at $97 per thare, On Aupust 22, Lava Lake Inc sold 1,600 shares at $85 per share. a. Journolige the transactoms of February 13, April 30, and August 22. If an amount box does not require an entry, leave it blank. b. What is the balance in Phid-in Cipital from swe of Treakury stock on Decomber 31 of the current vear? 1 C. For what reatons might Lava Lake have putchaned the treasury ntock
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