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In 2020, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2022 Polar Engines repurchased 15,000
In 2020, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2022 Polar Engines repurchased 15,000 shares at $17 per share to hold in Treasury. What is the dollar amount of Treasury stock at the end of 2023? Treasury Stock: $75,000 Treasury Stock: $255,000 Treasury Stock: $225,000 Treasury Stock: $125,000. Question 5 (1 point) Saved In 2020, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2022 Polar Engines repurchased 15,000 shares at $17 per share to hold in Treasury. Finally, on July 31, 2023 Polar Engines resold 10,000 of its treasury stock for $20 per share. By how much did owners' equity increase or decrease on July 31, 2023? O $170,000 Decrease $170,000 Increase $200,000 Increase $30,000 Increase $200,000 Decrease
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