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9 Prior to May 1, Fortune Company has never had any treasury stock transactions. The company repurchased 150 shares of its common stock on May

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9 Prior to May 1, Fortune Company has never had any treasury stock transactions. The company repurchased 150 shares of its common stock on May 1 for $7,500. On July 1, it reissued 75 of these shares at $53 per share. On August 1, a reissued the remaining treasury shares at $488 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 27 01:45 0 Multiple Choice O O $7575 875 6 $4.050. $3.975

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