Q number 7 and Q number 8 please

ration has outstanding 20,000 shares of $5 par value common stock. On August 1, 2017, Arantxa reacq November 1, Arantxa reissued the 200 shares at S70 per share. Arantxa had no previous treasury stock transactions. On August 1, 2017 of the Treasury stock reacquired? Treasury Stock $1,000 Treasury Stock -$14,000 Treasury Stock-$ 16,000 Treasury Stock $2,000 QUESTION 8 Arantxa Corporation has outstanding 20,000 shares of $5 par value common stock On August 1, 2017, Arantxa reacquired 200 shares at $80 per share November 1, Arantxa reissued the 200 shares at $70 per share. Arantxa had no previous treasury stock transactions. On November 1, 2017, what was the changed amount to Retained Earnings? Retained Earnings increased by $16,000 O Retained earnings increased by $2,000 Retained Earnings decreased by $16,000 Retained earnings decreased by $2,000 ration has outstanding 20,000 shares of $5 par value common stock. On August 1, 2017, Arantxa reacq November 1, Arantxa reissued the 200 shares at S70 per share. Arantxa had no previous treasury stock transactions. On August 1, 2017 of the Treasury stock reacquired? Treasury Stock $1,000 Treasury Stock -$14,000 Treasury Stock-$ 16,000 Treasury Stock $2,000 QUESTION 8 Arantxa Corporation has outstanding 20,000 shares of $5 par value common stock On August 1, 2017, Arantxa reacquired 200 shares at $80 per share November 1, Arantxa reissued the 200 shares at $70 per share. Arantxa had no previous treasury stock transactions. On November 1, 2017, what was the changed amount to Retained Earnings? Retained Earnings increased by $16,000 O Retained earnings increased by $2,000 Retained Earnings decreased by $16,000 Retained earnings decreased by $2,000