25. On January 3, Pippin Corporation purchased 1,900 shares of the company\'s $7 par value common stock as treasury stock, paying cash of $8 per share. On January 30, Pippin sold 1,300 shares of the treasury stock for cash of $15 per share. Journalize these transactions. Solution 3-Jan Treasury Stock 15200 =1900*8 Cash 15200 30-Jan Cash 19500 =1300*15 Treasury Stock 10400 =1300*8 Paid-In Capital from Treasury Stock 9100.