Question: Noah Storage issued 350,000 shares of its $3 par common stock at $12 per share several years ago. Last year, for the first time,

Noah Storage issued 350,000 shares of its $3 par common stock at

Noah Storage issued 350,000 shares of its $3 par common stock at $12 per share several years ago. Last year, for the first time, Noah reacquired 17,070 shares at $9 per share. Assuming that Noah retires shares it reacquires, how much is the debit to Common Stock? $

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