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Required information [The following Information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 450 shares

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Required information [The following Information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 450 shares of the company's own common stock at $25 cash per share; the stock is now held in treasury. July 15 Issued 125 of the shares purchased on February 1 for $35 cash per share. September 1 Issued 85 more of the shares purchased on February 1 for $20 cash per share. 4

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