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Boyer Corporation re sold 2,500 shores of treasury stock at $55 per shase. Last yeac, Boyer repurchased these shares at a cost of $67 per

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Boyer Corporation re sold 2,500 shores of treasury stock at \$55 per shase. Last yeac, Boyer repurchased these shares at a cost of \$67 per ahare. The re-sold thares have a per share par value of \$1. Boyer received cash. What journal entry should Boyer Corporation make to recognize this ro-cale of treasury stock

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