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# For 4 - 5 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par $50.00) Common

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# For 4 - 5 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par $50.00) Common stock (par $0.20) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (10,000 common shares) Total stockholders' equity $50,000 100,000 6,902,000 7,052,000 1,540,000 (170,000) $8.422.000 Assume that the company sold 4,000 shares of its treasury stock for $25 per share. 4. How much would additional paid in capital change? $ 5. How much would Stockholders' Equity change? $

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