Required information [The following information applles to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 520 shares of the company's own common stock at $32 cash' per share; the atock is now beld in treasury. July 15 Issued 160 of the ohares purchased on February 1 for $42 cash per whare. septeaber 1 Issued 120 nore of the shares parehased on February. 1 for $27 cash per share. 3. What impact does the purchase of treasury stock have on dividends paid