the magic flute company provides the following information in the stockholders equity section of the balance sheet The Magic Flute Company provides the following information from the Stockholders' Equity section of

the balance sheet:

$22.$Magic Flute had the following transactions related to treasury shares:

January $1$ Acquired $30,000$ shares of its common stock in the open market for $$12$ per share

March $1$ Sold $5,000$ treasury shares for $$16$

April $1$ Sold $5,000$ treasury shares for $$6$

May $1$ Retired $5,000$ treasury shares