Question
On March 31, 2024, Water Front, Inc. shows the following data on its balance sheet Stockholders' Equity Common Stock, $1 Par, 1,060,000 shares authorized
On March 31, 2024, Water Front, Inc. shows the following data on its balance sheet Stockholders' Equity Common Stock, $1 Par, 1,060,000 shares authorized 220,000 shares issued, 180,000 shares outstanding Paid-In Capital in Excess of Par-Common Retained Earnings Treasury stock, 40,000 shares at $27 Total Stockholders' Equity $220,000 2,560,000 4,700,000 (1.080,000) $6,400,000 Assume that Water Front sells 1,400 shares of treasury stock at $42 per share. What is total stockholders' equity after this transaction? OA. $6,458,800 OB. $6.341.200 OC. $6.421.000 OD. $6,379,000 Next questic
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