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! Required information Problem 8 - 2 7 ( Static ) Treasury stock transactions LO 8 - 3 , 8 - 6 [ The following

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Problem 8-27(Static) Treasury stock transactions LO 8-3,8-6
[The following information applies to the questions displayed below.]
On March 3,2022, Docker Incorporated purchased 800 shares of its own common stock in the market at a price of $10.75 per share. On August 29,2022,500 of these shares were sold in the open market at a price of $11.50 per share. There were 33,600 shares of Docker common stock outstanding prior to the March 3 purchase of treasury stock. A $0.60 per share cash dividend on the common stock was declared and paid on July 2,2022.
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