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For 4-5 use the following Balance Sheet (partial) at 12/31 Stockholders' Equity: Common stock (par $0.01) Additional Paid in capital Total paid in capital
For 4-5 use the following Balance Sheet (partial) at 12/31 Stockholders' Equity: Common stock (par $0.01) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (3,000 shares) Total stockholders' equity $1,500 5,548,500 5,550,000 1,250,000 (150,000) $6,650,000 Assume that the company resold 1,000 shares of its treasury stock for $60 per share. 4. How much would additional paid in capital change? $ 5. How much would Stockholders' Equity change? $
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