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Muttle Chees ABC Company has 100.000 shares of $5 per common stock issued and outstanding as of January 1 year B. The shares were issued
Muttle Chees ABC Company has 100.000 shares of $5 per common stock issued and outstanding as of January 1 year B. The shares were issued for $22 per share On March 3, year 8. ABC repurchased 5,000 shares at $10 per share for the purposes of retiring them. On May 10 year 8, ABC repurchased an additional 2,000 shares at $25 per share No other transactions et common stock occurred during the year. What will be the balance in additional paid in capital from retired stock as a result of those transactions? O O 10 $9,000 $15,000 $21000
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