If a company purchased 50 shares of its own stock for ($ 10) per share and later
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If a company purchased 50 shares of its own stock for \(\$ 10\) per share and later sold it for \(\$ 12\) per share, the company would
a. Record a gain of \(\$ 2\) per share
b. Record an increase to retained earnings of \(\$ 100\)
c. Show a gain on the sale
d. Show an increase of \(\$ 100\) of paid-in capital
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