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1. On 08-15-19, Diane, Inc. purchased 500 of its $1 par value common stock for $50 per share. This was Diane's first treasury stock transaction.
1. On 08-15-19, Diane, Inc. purchased 500 of its $1 par value common stock for $50 per share. This was Diane's first treasury stock transaction. On 09-30-19, Diane sold 100 of the treasury shares for $52 per share. On 11-14-19, Diane sold 300 of the treasury shares for $47 per share. As a result of accounting for these treasury stock transactions, Diane's retained earnings account will decrease by:
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