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Grant Industries issued 18,000 shares of 6% preferred stock with a $100 par value on February 6. These shares sold at par. On August

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Grant Industries issued 18,000 shares of 6% preferred stock with a $100 par value on February 6. These shares sold at par. On August 8, Grant repurchased 8,000 of these shares at $102 per share. Then, on November 28, Harlan resold 6,000 of these shares at $105 per share. How much additional paid-in capital from treasury stock should Grant record in the stockholders' equity section of its balance sheet? O $16,000 O $18,000 $30,000 O $34,000 Save for Later Submit Answer

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