Lewis Company has outstanding 25,000 shares of $42 par value common stock that was issued...

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Accounting

Lewis Company has outstanding 25,000 shares of $42 par value common stock that was issued for an average of $24 per share. It also has $2,158,800 of retained earnings. The company repurchases and
retires 2,000 shares at $134 per share. Near the current year-end, the company declares and pays a cash dividend of $8.00 per share. Use the financial statement effects template to record the share
repurchase and dividend transactions.
Note: Use negative signs with answers when appropriate.
Note: If an answer field is not needed, leave it blank (not all answer fields will be used).
Note: Round answer to the nearest dollar, if applicable.
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