This question comes from the Derecognition of shares tesson On January 1, 2010 OurNew Corp's board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were issued for $20 per share. On January 2,2018, OurfNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired 8,000 shares for $25 pet,share. The shares were retired immediately. The January 2,2018 entry will include a to the Common Stock account for $ and a credit to Paid-In-Capital Share Repurchase for 3 After the January 2., 2020 entry the balance in Paid-In-Capital Share Repurchase should be $ This question comes from the Derecognition of shares lesson On January 2, 2018, OurNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reach shares for $25 per, share. The shares were retired immediately. The January 2, 2018 entry will include a to the Common Stock account for $ and a credit to Paid-In-Capital Share Repurchase for $ After the January 2, 2020 entry the balance in Paid-In-Capital Share Repurchase should be $ This question comes from the Derecognition of shares lesson On January 2, 2018, OurfNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired shares for $25 per, share. The shares were retired immediately. The January 2, 2018 entry will include a to the Common Stock account for $ and a credit to Paid-In-Capital Share Repurchase for $ After the Januar This question comes from the Derecognition of shares lesson On January 1.2010 Ourtiew Corp's board of directors authorized 100,000 shares of $1 par value stock for issuance. On that date 70,000 shares were issued for $20 per share. On January 2, 2018, OurtNew Corp. reacquired 5,000 shares for $15 per share. The shares were retired immediately. On January 2, 2020, OurNew Corp. reacquired 8,000 shares for $25 pegstare. The shares were retired immediately. The January 2.2018 entry will include a to the Common Stock account for $ and a credit to Paid-In-Capital Share Repurchase for 5 After the January 2, 2020 entry the balance in Paid-In-Capital Share Repurchase should be $