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Stockholders' Equity: Preferred stock (par $100) Common stock (par $0.10) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (3,000 common shares)

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Stockholders' Equity: Preferred stock (par $100) Common stock (par $0.10) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (3,000 common shares) Total stockholders' equity $100,000 52,500 9,136,000 9,288,500 658,200 (96,000) $10,042,700 Assume that the company sold 1,000 shares of its treasury stock for $35 per share. 7. How much would additional paid in capital change? $ 8. How much would Stockholders' Equity change? $ 9. How many shares of Common stock would be outstanding after the reissuance? 10. shares How many shares of Commons stock would be issued after the reissuance? shares

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