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Presented below is information related to a company at the beginning of the year: Common Stock, $10 par $6,600 Retained Earnings 4,400 During the year,
Presented below is information related to a company at the beginning of the year:
Common Stock, $10 par $6,600
Retained Earnings 4,400
During the year, 75 shares were reacquired at $12 per share. How much is the total stockholders' equity after the treasury stock transaction, assuming the company accounts for treasury stock under the cost method?
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