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California Surf Clothing Company issues 1 , 0 0 0 shares of $ 1 par value common stock at $ 2 9 per share. Later

California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $29 per share. Later in the year, the company decides to purchase 100 shares at a cost of $32 per share.
Record the transaction if California Surf resells the 100 shares of treasury stock at $34 per share.

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