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Assume that on February 1, 2022, Ripple Blockchain Inc purchased 2,800 shares of its $1 par value stock for $39 per share with the intention

Assume that on February 1, 2022, Ripple Blockchain Inc purchased 2,800 shares of its $1 par value stock for $39 per share with the intention of holding these shares as Treasury Stock. On April 10, 2023, Ripple Blockchain Inc resold all the treasury shares for $42 per share. Select the journal entry that would be recorded on April 10, when they resell the shares of treasury stock?

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