Required information

$[$The following information applies to the questions displayed below.$]$

The following selected transactions occurred for Corner Corporation:

February $1$ Purchased $490$ shares of the company's own common stock at $$29$ cash per share; the stock is now held in treasury.

July $15$ Issued $145$ of the shares purchased on February $1$ for $$39$ cash per share.

September $1$ Issued $105$ more of the shares purchased on February $1$ for $$24$ cash per share.

$3.$ What impact does the purchase of treasury stock have on dividends paid?

$\backslash$table$[[$Dividends$,$paid on treasury stock,$],[$Therefore$,$ the total amount of$,$paid is$,$when treasury stock is purchased.$]]$