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Record the repurchase of shares transaction below: Repurchased and retired 500 common shares Shares issues and outstanding 25.000 Share capital $275,000 Retained Earnings $80.000 Balance

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Record the repurchase of shares transaction below: Repurchased and retired 500 common shares Shares issues and outstanding 25.000 Share capital $275,000 Retained Earnings $80.000 Balance in contributed capital from retirement of common shares Share Repurchase Price $15.00 1.000

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