Required information The following information applies to the questions displayed below) The following selected transactions occurred for Corner Corporation February 1 Purchased 580 shares of the company own common stock at $38 cash per share the stock is now held in treasury. July 15 Issued 190 of the shares purchased on February 1 for $4 cash per share September 1 Issued 150 more of the shares purchased on February 1 for 533 cash per share. 20 3. What impact does the purchase of treasury stock have on dividends paid? Dividends Therefore, the total amount of Dald on treasury stock paid is when treasury stock is purchased