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1 pts Question 10 Mogollon Inc., is authorized to issue 100,000 shares of $10 par common stock. 50,000 shares of stock were originally issued for

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1 pts Question 10 Mogollon Inc., is authorized to issue 100,000 shares of $10 par common stock. 50,000 shares of stock were originally issued for $25 per share. When the stock was selling for $22 per share, Mogollon repurchased 5,000 shares of stock. How much of a gain or loss will they recognize when they purchase the treasury stock? $180,000 gain O $60,000 gain O $15,000 loss $0 (no gain or loss) O $225,000 gain

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