Bree, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2020. In 2021, the company repurchased 20,000 shares for $200,000. In 2022, 10,000 of the repurchased shares were resold for $160,000. In its balance sheet dated December 31, 2022, Bree, Inc.'s treasury stock account shows a balance of $40,000 $200,000 $100,000 $0 Question 8 (2 points) Investors should be wary of stock buybacks during down times because the resulting decrease in shares and increase in earnings per share can be used to mask a slowdown in earnings growth. True False 10