Sampson Corporation's Only Treasury Share Transactions Have Been as Follows

question 84

Essay

Sampson Corporation's only treasury share transactions have been as follows: (1)1,000 common shares were repurchased on June 1,Year 1,for $40,000; (2)On June 1,Year 2,it reissued 500 of these shares at $45 per share; (3)On August 1,Year 2,it reissued the rest of the treasury shares at $38 per share.Calculate the balance in the Contributed Capital,Treasury Share Transactions account on September 1,Year 2.

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Definitions:

Sexual Activity

Behaviors involving sexual intercourse or other forms of sexual expression between individuals.

Minors

individuals under the age of legal adulthood, often requiring parental or guardian consent for various activities and decisions.

Victims

Individuals who have suffered harm as a result of a crime, accident, or other event or action.

Domestic Violence

Patterns of abusive behavior by one partner against another in an intimate relationship, such as marriage, dating, or family.