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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

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
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