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On January 5 , 2 0 2 1 , Singer Company sells 1 5 , 0 0 0 shares of $ 1 par value stock

On January 5,2021, Singer Company sells 15,000 shares of $1 par value stock for $20 per share. They repurchase 1,000 of those shares at $21 per share on November 15,2021. Then on December 30,2021 they re-issue 500 shares at $23 per share.
What is the effect on Stockholders' Equity of the repurchase of shares on November 15,2021?

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1 Initial Share Sale on January 5 2021 Shares Sold 15000 shares Sale Price 20 per share Proceed... blur-text-image

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