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A company sold 1,000 shares of treasury stock for $45 per share that it had purchased for $40 per share. The stock has a par
A company sold 1,000 shares of treasury stock for $45 per share that it had purchased for $40 per share. The stock has a par value of $20 and originally sold for $32. The additional paid-in capital that results from the resale of the treasury stock is O $5,000. O $12,000. O $40,000. O $45,000.
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