Question: On January 1 , 2 0 2 2 , Pharoah Company purchased 1 , 8 0 0 shares of treasury stock. Other information regarding Pharoah

On January 1,2022, Pharoah Company purchased 1,800 shares of treasury stock. Other information regarding Pharoah Compan provided as follows.
\table[[,2022,2021],[Net income,$210,000,$205,000
On January 1,2022, Pharoah Company purchased 1,800 shares of treasury stock.

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