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prior to may 1 fortune company has never had any treasury stock transactions. a company repurchased 120 shares of its common stock on May 1
prior to may 1 fortune company has never had any treasury stock transactions. a company repurchased 120 shares of its common stock on May 1 for $6000. on july 1 it reissued 60 of these share at $52 per share. on august 1 it reissued the remaining treasury shares at $49 per share. what is the balance in the paid in capital, treasury stock account on august 2?
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