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In January, the company had 4,000 shares of $1.20 common stock outstanding. In June, the company repurchased 100 shares of stock for $15 a share.

In January, the company had 4,000 shares of $1.20 common stock outstanding. In June, the company repurchased 100 shares of stock for $15 a share. In November, the company resold 50 shares of the repurchased shares for $13 a share.

Which of the following statements is/are true regarding the transaction from November? (Check all that apply.)

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A loss would be recorded for $100

The treasury stock account would increase for $60

The total impact to stockholders' equity is an increase of $650

APIC increases by $100

The company has 3,950 of shares outstanding now

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