QUESTION 44 44. The following information is available concerning Lahm Corporation's Treasury Stock on January 1, 2013: Treasury Stock, 100,000 shares purchased at $10 per share $1,000,000 Additional Paid-In Capital - Treasury Stock (APIC-TS) 300,000 Lahm reissues all 100,000 shares of treasury stock at $6 per share on February 10, 2013. Which of the following statements about the entry on February 10, 2013 are correct? (1) It increases stockholders' equity by $1,000,000 (ii) It increases stockholders' equity by $600,000 (iii) It does not affect retained earnings (iv) It reduces treasury stock by $1,000,000 Account Title Debit Credit (i) and (iv) fin and run cers to save all answers. (i) and (iv) (ID) and (ili) (ii) and (iv) (iii) and (iv)