Problem

Treasury StockWeller, Inc., sold 1,000,000 shares of $25 par value common stock at $32. It...

Treasury Stock

Weller, Inc., sold 1,000,000 shares of $25 par value common stock at $32. It subsequently repurchased 100,000 of those shares at $50 per share and then sold 70,000 of those shares at $55. Calculate the total amount of stockholders’ equity given the above transactions.

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