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Assume the following information for Western Sales, Inc.: Common Stock, $1.00 par, 240,000 shares issued, 187,000 shares outstanding . Paid-In Capital in Excess of Par-Common:

Assume the following information for Western Sales, Inc.: Common Stock, $1.00 par, 240,000 shares issued, 187,000 shares outstanding . Paid-In Capital in Excess of Par-Common: $1,610,000 " Retained Earnings: $2,460,000 Treasury Stock: 53,000 shares purchased at $13.00 per share If Western Sales purchases an additional 10,000 shares of treasury stock at $17.00 per share, wimage text in transcribed

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