Question: On January 1 , 2 0 2 2 , Cheyenne Corp. purchased 1 , 4 0 0 shares of treasury stock. Other information regarding Cheyenne

On January 1,2022, Cheyenne Corp. purchased 1,400 shares of treasury stock. Other information regarding Cheyenne Corp. is provided as follows.
\table[[,2022,2021],[Net income,$210,000,$195,000
On January 1,2022, Cheyenne Corp. purchased 1,400 shares of treasury stock.

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