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Startup Co. originally issued 50,000 shares of $10 par value stock at a per-share price of $60. One year later, the company repurchased 15,000

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Startup Co. originally issued 50,000 shares of $10 par value stock at a per-share price of $60. One year later, the company repurchased 15,000 shares at $70 per share. Assuming that the company uses the cost method, what is the balance in the treasury stock account if the company recently reissued 10,000 shares at $58 per share? $50,000 $300,000 $350,000 $470,000

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