Sauder, Inc. issued 100,000 shares of its $10 par common stock at $11 per share. Past treasury stock transactions resulted in a balance in 'Paid-in capital from treasury stock' of 27,246. During the current year, Sauder acquired 20,000 shares of its common stock at a price of $19 per share and accounted for them by the cost method. Subsequently, these shares were reissued at a price of $10 per share. There have been no other issuances or acquisitions of its own common stock in the current year. What is the debit to Retained Earnings due to these transactions?

Correct Answer: Correct 152,754 0