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Volunteer, Inc. previously purchased 5,000 shares of its own stock for $10/share with a $1 par value. The company then resold all 5,000 shares for

Volunteer, Inc. previously purchased 5,000 shares of its own stock for $10/share with a $1 par value. The company then resold all 5,000 shares for $15/share. Which of the following statements is true regarding the resale of the stock

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