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Question 7 of 10 iew Policies Show Attempt History Current Attempt in Progress 0.5/1 4 On January 1, 2020, the stockholders' equity section of

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Question 7 of 10 iew Policies Show Attempt History Current Attempt in Progress 0.5/1 4 On January 1, 2020, the stockholders' equity section of Monty Corporation shows common stock ($5 par value) $1,500,000; pa capital in excess of par $1,090,000; and retained earnings $1,160,000. During the year, the following treasury stock transactions occurred. Mar. 1 July 1 Sept. 1 Purchased 47,000 shares for cash at $15 per share. Sold 10,500 treasury shares for cash at $17 per share. Sold 9,000 treasury shares for cash at $14 per share.

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