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In January 2020, Sheffield Corp., a newly formed company, issued 10600 shares of its $10 par common stock for $15 per share. On July 1,

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In January 2020, Sheffield Corp., a newly formed company, issued 10600 shares of its $10 par common stock for $15 per share. On July 1, 2020, Sheffield Corp.reacquired 1060 shares of its outstanding stock for $12 per share. The acquisition of these treasury shares o increased total stockholders' equity, O did not change total stockholders equity O decreased total stockholders' equity. decreased the number of issued shares

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