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on jan 21 of year 1, corinne company reissued 400 shares of treasury stock for $10 per share. the original cost of this treasury stock

on jan 21 of year 1, corinne company reissued 400 shares of treasury stock for $10 per share. the original cost of this treasury stock had been $15 per share. Corinne uses the cost method of accounting for treasury stock. Corinne company has never before purchased no reissued shares of treasury stock. the par value of the stock is $1 per share. what journal entry will be used to record this

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