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Lind Corp has the following account balances for the year: What is Lind Corp's Operating Income? $214,000$328,000$497,000$265,000 Clear my selection Wehner Limlted repurchuses 2,000 shares
Lind Corp has the following account balances for the year: What is Lind Corp's Operating Income? $214,000$328,000$497,000$265,000 Clear my selection Wehner Limlted repurchuses 2,000 shares of treasury stock for $21 per share. How does this transaction effect the accounting equation? Decrease Assets \$42.000: Decrease Stockholders' Equity \$42,000 increase Assets $42,000, Decrease Stockholders Equity $42,000 Decrease Assets \$42,000; Decrease Liabilities \$42,000 Increase Assets $12,000; increane stockholders' Eeuity $42,000 clear my selection
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