Logitech begins business on January 1st 2022 by issuing 5,000 shares of $1 par common...

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Accounting

Logitech begins business on January 1st 2022 by issuing 5,000 shares of $1 par common stock for $6 per share. On January 2nd the company repurchased 100 shares for $10 per share. What is the net effect on cash to Logitech after those two transactions (if negative cash amount, enter answer as a negative).

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