Remaining Time: 58 minutes, 01 second. * Question Completion Status: QUESTION 30 2F Slater Roofing Company purchased 600 shares of treasury stock for $27 per share and resells the 600 shares of treasury stock for $29 per share. In the entry to record the resale of the treasury stock, there will be a credit to Treasury Stock for $6.000 credit to Paid-In Capital from Treasury Stock for $1.200 credit to Common Stock for $16.200 debit to Paid-In Capital in Excess of Par of $18,000 QUESTION 31 2 points The term residual claim refers to a stockholders' right to receive dividends. elect a board of directors, acquire additional shares when offered share in assets upon liquidation 2 point QUESTION 32 Dean Corporation reported net income $58.000, net sales 5500 000, and average assets $800,000 for 2017. The 2017 profit margin was