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Treasury stock which was purchased for $5,000 is sold for $5,500.As a result of these two transactions combined Select one: a.stockholders' equity will be increased

Treasury stock which was purchased for $5,000 is sold for $5,500.As a result of these two transactions combined

Select one:

a.stockholders' equity will be increased by $5,500

b.income will be increased by $500

c.stockholders' equity will be increased by $500

d.stockholders' equity will not change

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