23. On August 10, Bold City Brewery purchased 500 shares of its own issued common stock for $50 per share. Record the purchase: 24a. What effects (increase/decreaseo change) does purchasing treasury stock have on each element of the balance sheet? b. What effect (increase/decreaseo change) does purchasing treasury stock have on the income statement? 25. Bold City Brewery distributes a 10% common stock dividend . The market value of its common stock is $55 per share, and there are 15,000 shares outstanding. Record the stock dividend distribution