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Sydney Company reported the following capital accounts at year-end: Share capital, par P25, authorized 150,000 shares, 55,000 shares Issued of which 5,000 shares are in

Sydney Company reported the following capital

accounts at year-end:

Share capital, par P25, authorized

150,000 shares, 55,000 shares

Issued of which 5,000 shares

are in treasury

1,375,000

Retained earnings

2,000,000

Treasury shares, at cost

150,000

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