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On January 1, 2018, a company acquires 1,000 shares of its own $5 par common stock for $15 par share. How much will be recorded

On January 1, 2018, a company acquires 1,000 shares of its own $5 par common stock for $15 par share. How much will be recorded for treasury stock for the purchase? (exclude a dollar sign, include two decimal places)

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