Business, 11.09.2019 02:30, weston202

Horton co. was organized on january 2, 2014, with 500,000 authorized shares of $10 par value common stock. during 2014, horton had the following capital transactions:
january 5-issued 375,000 shares at $14 per share.
july 27-purchased 25,000 shares at $11 per share.
november 25-sold 18,000 shares of treasury stock at $13 per share.
horton used the cost method to record the purchase of the treasury shares. what would be the balance in the paid-in capital from treasury stock account at december 31, 2014?

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Horton co. was organized on january 2, 2014, with 500,000 authorized shares of $10 par value common...