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What is the balance in treasury stock

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Reference no: EM132889018

Question 1: What is the balance in Treasury Stock that the Company will record on the December 31st balance sheet?

Fitness Factory Chicago sells home equipment. On May 1, 2019, the Company reqacquired 23,000 shares of its Common Stock at $50 / share. On September 1, 2019, the Company sold 15,000 of the reacquired shares at $60 / share. The remaining 8,000 shares were sold at $45 / share on November 1, 2019.

Reference no: EM132889018

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