Question 19 ABC Co. completed the following transactions during Year 1: 1. Issued 500 shares of $2 par Common Stock for $5 per share. 2. Repurchased 100 shares of its own Common Stock for $6 per share. 3. Resold 30 shares of Treasury Stock for $10 per share. What is the value of the Common Stock account at the end of Year 1? O $2,200 O $1,420 $1,000 O $2,500

ABC Co. completed the following transactions during Year 1 : 1. Issued 500 shares of $2 par Common Stock for $5 per share. 2. Repurchased 100 shares of its own Common Stock for $6 per share. 3. Resold 30 shares of Treasury Stock for $10 per share. What is the value of the Common Stock account at the end of Year 1? $2,200$1,420$1,000$2,500