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Treasury stock which was purchased for $2,321 is sold for $3,371. Determine the result of these two transactions. Select the correct answer. stockholders' equity will

Treasury stock which was purchased for $2,321 is sold for $3,371. Determine the result of these two transactions.

Select the correct answer.

stockholders' equity will be increased by $1,050

stockholders' equity will be increased by $3,371

income will be increased by $1,050

stockholders' equity will not change

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