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February 1 Purchased 600 shares of the companys own common stock at $40 cash per...

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Accounting

February 1 Purchased 600 shares of the companys own common stock at $40 cash per share; the stock is now held in treasury. July 15 Issued 200 of the shares purchased on February 1 for $50 cash per share. September 1 Issued 160 more of the shares purchased on February 1 for $35 cash per share.

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