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23) Blue Co. had 120,000 shares of stock outstanding on January 1, 2021. On May 1, 2021, Blue issued 60,000 shares. On July 1, Blue

23) Blue Co. had 120,000 shares of stock outstanding on January 1, 2021. On May 1, 2021, Blue issued 60,000 shares. On July 1, Blue purchased 10,000 treasury shares, which were reissued on October 1. ...

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