6 ! Part 4 of 4 Required information (The following information applies to the questions displayed below) The following selected transactions occurred for Corner Corporation February 1 Purchased 450 shares of the company's ow.common stock at $25 cash per shares the stock is now held in treasury. July 15 issued 125 of the shares purchased on February 1 for $35 cash per share, September 1 Issued 85 more of the shares purchased on February 1 for $20 cash per share. 05 points cBook 4. What Impact does the reissuance of treasury stock for an amount higher than the purchase price have on net income? Hint The reissuance of treasury stock for more or less than its original repurchase cost atteet net income. The transaction affects only accounts Print References