What is the balance of the treasury stock account

Reference no: EM133610299

Question: Lilas corporation allows issuance of a maximum of 3,820,000 shares of $1 par value common stock. For three years of operation, Lila issued 1,986,400 shares at $15 per share. It later acquired 76,400 of these shares as treasury stock for $25 per share. what is the balance of the treasury stock account?

Reference no: EM133610299

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