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Business, 27.05.2021 23:50 han6077

On January 23, Borders Corporation purchased 1,000 shares of its own common stock for $30 a share. On March 31, it sold 600 of those shares for $42 a share. How much is the gain reported on the income statement resulting from the sale of treasury stock?

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On January 23, Borders Corporation purchased 1,000 shares of its own common stock for $30 a share. O...
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