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Grace Company holds 450 shares of its common stock in its treasury Each share was purchased at $10 per share and were originally issued for

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Grace Company holds 450 shares of its common stock in its treasury Each share was purchased at $10 per share and were originally issued for $5 per share. Grace Company has a balance in its APIC - Treasury Stock account of $220. On December 31, 2021 Grace Company retires all 450 of these no par shares. Provide the December 31, 2021 journal entry

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