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The following correctly prepared entries without explanations pertain to Corners Corporation. The original sale (Entry 1) was for 470,000 shares, and the treasury stock was

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The following correctly prepared entries without explanations pertain to Corners Corporation. The original sale (Entry 1) was for 470,000 shares, and the treasury stock was acquired for $6 per share (Entry 2 ). Required a. What was the sales price per share of the original stock issue? b. How many shares of stock did the corporation acquire in Entry 2 ? c. How many shares were reissued in Entry 3? d. How many shares are outstanding immediately following Entries 2 and 3, respectively

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