California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $16 per share. Later in the year, the company decides to repurchase 100 shares at a cost of $19 per share. Determine the financial statement effects of the transaction if California Surf resells the 100 shares of treasury stock at $21 per share. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the rst account eld. 0 Answer is not complete. There are no Cash 9 14 0 nancial 0 statement effects