Problem $10-83$A

Treasury Stock Transactions

Hansen Inc. engaged in the following transactions during the current year:

Repurchased $13,000$ shares of its own $$1$ par common stock for $$14$ per share on January $14.$

Sold $2,000$ treasury shares to employees for $$6$ per share on January $31.$

Repurchased $3,000$ more shares of the $$1$ par common stock for $$16$ per share on July $24.$

Sold the remaining $11,000$ shares from the January $14$ purchase and $1,200$ of the shares from the July $24$ purchase to employees for $$6\mathrm{.}50$ per share on August $1.$

$2.$ Conceptual Connection: Determine what the effect on total stockholders' equity is for each of the four transactions.

Note the following:

Enter the net increase or decrease by transaction.

Enter all amounts as positive values.