Required information [The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 460 shares of the company's Oun common stock at $26 cash per share; the stock is now held in treasury July 15 Issued 130 of the shares purchased on February 1 for $36 cash per share. Sept. 1 Issued 9e more of the shares purchased on February 1 for $21 cash per share. 4. What impact does the reissuance of treasury stock for an amount higher than the purchase price have on net income? The risuance of treasury stock for more less than its original repurchase cost atlet net income. The transaction affects only acco