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Question 9 1 pt Which of the following statements is correct if treasury stock costing $25,000 was sold for $27,500? O Total owners' equity

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Question 9 1 pt Which of the following statements is correct if treasury stock costing $25,000 was sold for $27,500? O Total owners' equity increases $27,500. Total owners' equity increases $2,500. Total owners' equity increases $25,000. Net income increases $2,500.

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