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17 2 pts A corporation purchased 1,000 shares of its own $10 par common stock at $20 and subsequently sold 500 of the shares at
17 2 pts A corporation purchased 1,000 shares of its own $10 par common stock at $20 and subsequently sold 500 of the shares at $30. What is the amount of revenue that should be reported on the income statement for the sale of the 500 shares of treasury stock? $15,000 $2,500 $0 $5,000
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