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What are the treasury stock account balances

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Reference no: EM133187760

Question - Company A had not repurchased shares before. During 2022, Company A entered the following transactions in chronological order:

1- Acquired 2,500 shares of its stock for $30 per share.

2- Sold 2,000 treasury shares at $32 per share.

3- Sold 300 treasury shares at $20 per share.

Required - What are the Treasury Stock account balances after the second and the third transactions, respectively?

Reference no: EM133187760

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