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Lewis Company has outstanding 2 5 , 0 0 0 shares of $ 4 2 par value common stock that was issued for an average
Lewis Company has outstanding shares of $ par value common stock that was issued for an average of $ per share. It also has $ of retained earnings. The company repurchases and
retires shares at $ per share. Near the current yearend, the company declares and pays a cash dividend of $ per share. Use the financial statement effects template to record the share
repurchase and dividend transactions.
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Note: Round answer to the nearest dollar, if applicable.
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