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A company resells 10,000 shares of treasury stock for $22 per share. The stock was purchased in a previous year for $18 per share. By

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A company resells 10,000 shares of treasury stock for $22 per share. The stock was purchased in a previous year for $18 per share. By how much would net income be affected by the sale of this treasury stock? Multiple Choice 5220.000 There would be no effect on net income from the sale of treasury stock. $180.000

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