Sunshine Clothing Company issues $1,000$ shares of $$1$ par value common stock at $$33$ per share. Later in the year, the company

decides to repurchase $100$ shares at a cost of $$36$ per share.

Determine the financial statement effects of the repurchase of treasury stock.

Note: Amounts to be deducted should be indicated by a minus sign. If there are no effects for a particular transaction$/$event$,$

select "There are no financial statement effects" in the first account field.