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Rinehart Corporation paid $180,000 to buy back 40,000 shares of its $1 par value common stock. It later resold 40,000 shares for $6 per share.

Rinehart Corporation paid $180,000 to buy back 40,000 shares of its $1 par value common stock. It later resold 40,000 shares for $6 per share. Accordingly, Paid-in Capital from Treasury Stock account is increased by how much amount:

(When writing your answer do not use commas or sign of the dollar. For example, if your answer is $1,500, write it as 1500)

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

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