Question: In 2 0 0 9 , Larry, Inc. issued 1 0 , 0 0 0 shares of $ 1 par value common stock for $

In 2009, Larry, Inc. issued 10,000 shares of $1 par value common stock for $35 per share. No other common stock transactions occurred until July 31,2024, when Larry reacquired 1,000 shares of its own common stock for $30 per share and retired them. The reacquisition and retirement would impact Larry's 2024 financial statements as follows?
Group of answer choices
Total paid-in capital is decreased.
Retained earnings is increased.
Treasury Stock is increased.
2024 net income is increased

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