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Trans Union Corporation issued 7,000 shares for $50 per share in the current year, and it issued 12,000 shares for $37 per share in the
Trans Union Corporation issued 7,000 shares for $50 per share in the current year, and it issued 12,000 shares for $37 per share in the following year. The year after that, the company reacquired 22,000 shares of its own stock for $45 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following classifications
Total Assets Total Liabilities Total Stockholders' Equity Net Income Sold 7,000 shares Sold 12,000 shares Purchased 22,000 shares of treasury stock
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