41.Teasury stock was purchased for $2,800 is sold for $3,000. As a result of these two transactions combined which of the following occurs income will increase by $200 income will decrease by $200 stockholders' equity will increase by $3,000 stockholders' equity will increase by $2,800 none of the above . b. c. d. . 42. Treasury stock shares are shares held by the U.S. Treasury Department part of the total outstanding shares but not part of the total issued shares of a corporation unissued shares that are held by the treasurer of the corporation issued shares that have been reacquired by a corporation . b. . d. 43. Treasury stock that had been purchased for $5,600 last month was reissued this month for $8,500. The journal entry to record the reissuance would include a credit to Treasury Stock for $8,500 Paid-In Capital from Sale of Treasury Stock for $8,500 Paid-In Capital in Excess of Par-Common Stock for $2,900 Paid-In Capital from Sale of Treasury Stock for $2,900 . b. C. d. 44. Moraine has 50,000 shares of $25 par stock outstanding that has a current market value of $150 per share. If the corporation issues a 5-for-1 stock split, the market value of the stock will fall to approximately $5.00 $25.00 a. b. $30.00 C. $35.00 d. 45. Boss Incorporated presents the following information: Common Stock $375,000 Paid-In Capital Excess of Par Retained Earnings Treasury Stock $15,000 $90,000 $190,000 What is the total stockholders' equity based on the following account balances? $670,000 $655,000 $640,000 $565,000 a. b. C. d