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Llewelyn Company purchased 4,000 shares of its own $8 par value common stock when the market price of the stock was $18 per share. Which

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Llewelyn Company purchased 4,000 shares of its own $8 par value common stock when the market price of the stock was $18 per share. Which of the following journal entries would be used to record the purchase of treasury stock? Multiple Choice O Treasury stock Paid-in capital in excess of par - Common 32.000 32,000 72,000 Treasury stock Cash 72,000 72,000 Treasury stock Common stock Paid-in capital in excess of par - Common 32,000 40,000 For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $151.900 and $201400, respectively. Also during Year 2, the board of directors declared cash dividends of $20,600, which were paid during Year 2. The board also declared a stock dividend, which was issued and required a transfer in the amount of $16,000 to paid in capital. Total expenses during Year 2 were $37,416. Based on this information, what was the amount of total revenue for Year 2? Multiple Choice $143,384 O o oo $107,516 $131300

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