ssment i Saved Required information (The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 450 shares of the company's own conmon stock at $25 cash per share; the stock is now held in treasury. July 15 Issued 125 of the shares purchased on February 1 for $35 cash per share. Sept. 1 Issued 85 more of the shares purchased on February 1 for $20 cash per share. 3. What impact does the purchase of treasury stock have on dividends paid? Therefore, the total amount of paid on treasury stock. Dividends when treasury stock is purchased. paid is