Show All Items Required information The following information applies to the questions displayed below. The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 470 shares of the company's own common stock at $27 cash per share; the stock is now held in treasury July 15 Issued 135 of the shares purchased on February 1 for $37 cash per share. Sept. 1 Issued 95 more of the shares purchased on February 1 for $22 cash per share 3. What impact does the purchase of treasury stock have on dividends paid? Dividends -paid on treasury stock. Therefore, the total amount of paid is treasury stock is purchased are are not