Business, 31.12.2019 00:31, RanTam

Fox co. was organized january 2, with 30,000 authorized shares of $10 par common stock. during the year the corporation had the following capital transactions:

january 5 - issued 20,000 shares at $15 per share.
july 14 - purchased 5,000 shares at $17 per share.
december 27 - reissued the 5,000 shares held in treasury at $20 per share.

fox used the cost method to record the purchase and reissuance of the treasury shares. in its december 31 balance sheet, what amount should fox report in any of it additional paid-in capital accounts?

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Fox co. was organized january 2, with 30,000 authorized shares of $10 par common stock. during the y...