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On January 21 of Year 1, Taraz Company reissued 400 shares of treasury stock for $10 per share. The original cost of this treasury stock

On January 21 of Year 1, Taraz Company reissued 400 shares of treasury stock for $10 per share. The original cost of this treasury stock had been $15 per share. Taraz Company has never before purchased nor reissued shares of treasury stock. The par value of the stock is $1 per share. The journal entry to record the reissuance would be?

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