these shares were purchased for $41 per share by Ivanhoe Corporation and held as treasury...
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Accounting
these shares were purchased for $ per share by Ivanhoe Corporation and held as treasury stock. On June these shares were exchanged for a piece of property that had an assessed value of $ Ivanhoe's stock is actively traded and had a market price of $ on June The cost method is used to account for treasury stock. The amount of paidin capital from treasury stock transactions resulting from the above events is
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$
$
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