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In 2 0 0 9 , Larry, Inc. issued 1 0 , 0 0 0 shares of $ 1 par value common stock for $
In Larry, Inc. issued shares of $ par value common stock for $ per share. No other common stock transactions occurred until July when Larry reacquired shares of its own common stock for $ per share and retired them. The reacquisition and retirement would impact Larry's financial statements as follows?
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Total paidin capital is decreased.
Retained earnings is increased.
Treasury Stock is increased.
net income is increased
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