105. Michael Co. issued 12,000 shares of common stock for $25 cash per share on January 1st. Then, on March 31st it repurchased 6,000 of these common shares to hold as treasury stock at $23 per share. The net effect on the financial statements from both transactions includes: a. Stockholder's equity increases by $162,000 b. Assets increase by $300,000 c. Liabilities increases by $162,000 d. Stockholder's equity decreases by $300,000 106. bn January 1, 2019, Camerone Corporation issued $2,000,000 of 12-year, 10% bonds at an effective interest rate of 8%. The bonds make a cash interest payment each year on December 31. What is the issue price of the bonds on January 1, 2019? a. $2,268,403.26 b. $1,727,452.33 C. $2,000,000.00 d. $2,301,443.12