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On January 1st, the firm repurchase 3,800 shares of $0.01 par value common stock for $48 cash per share. On January 31st, the firm resells

On January 1st, the firm repurchase 3,800 shares of $0.01 par value common stock for $48 cash per share. On January 31st, the firm resells 310 of the repurchased shares for $35 cash per share. What value does the firm record as decrease to the treasury stock account on January 31st? Your Answer: Answer On January 1st, the firm repurchase 7,700 shares of $0.10 par value common stock for $49 cash per share. On January 31st, the firm resells 200 of the repurchased shares for $31 cash per share. How much cash does the receive on January 31st? Your

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