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Sarah's Company had 120,000 shares of stock outstanding on January 1. On May 1, Sarah issued 60,000 shares. On July 1, the company purchased 10,000

Sarah's Company had 120,000 shares of stock outstanding on January 1. On May 1, Sarah issued 60,000 shares. On July 1, the company purchased 10,000 shares for the treasury. On August 1, it distributed...

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