lava lake inc. bottles and distributes spring water. on february 11 of the current year, lava lake reacquired 180,000 shares of its common stock at $17 per share. on april 30, lava lake inc. sold 90,000 of the reacquired shares at $20 per share. on august 22, lava lake inc. sold 30,000 shares at $15 per share. a. journalize the transactions of february 11, april 30, and august 22. b. what is the balance in paid-in capital from sale of treasury stock on december 31 of the current year?