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On January 1, Vermont Corporation had 37,900 shares of 512 par common stock issued and outstanding. All 37,900 shares had been issued in a prior

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On January 1, Vermont Corporation had 37,900 shares of 512 par common stock issued and outstanding. All 37,900 shares had been issued in a prior period at $18 per share. On February 1, Vermont purchased 980 shares of treasury stock for $27 per share and later sold the treasury shares for $22 per share on March 1. The entry to journalize the purchase of the treasury shares on February 1 would include a a. Gedin te Treasury Sick fer 326,460 a. Getint mi Trusury Souck for 326,460

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