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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 480 shares of

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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 480 shares of the company's conn comnon stock at $28 cash per share; the stock is now held in treasury. July 15 Issued 140 of the shares purchased on February 1 for $38 cash per share. Septeeber 1 Issued 109 nore of the shares purchased on February 1 for $23 cash per share. 3. What impact does the purchase of treasury stock have on dividends paid

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