If a company issues 2,000 shares for $55 and then repurchases 50 shares at $50 and subsequently purchases another 50 shares at $60 each, how mach is in the account contributed surplas on retirement of shares A) $250 B) S0 .17 C)$107 250 D) $110,000 ??: TE 10,000 shares with par value of $15/share are issued for $20ishare, how muach will be presented as "common shares for financial statement purposes? A) $10,000 8) $50,000 C) S150,000 D) $200,000 138