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Wayne Co . purchased 5 , 0 0 0 shares of its own previously issued $ 1 0 par common stock for $ 1 2

Wayne Co. purchased 5,000 shares of its own previously issued $10 par common stock for $125,000. As a result of this event,
Wayne's Paid-in Capital in Excess of Par Value account decreased $75,000.
Wayne's Common Stock account decreased $50,000.
Wayne's total stockholders' equity decreased $125,000.
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