The stockholders' equity section of Sliver Corporation's balance sheet at December 31,2014,was as follows:

On January 2,2015,Sliver purchased and retired 100,000 shares of its stock for $1,800,000.Sliver records treasury stock using the par value method.Immediately after retirement of these 100,000 shares,the balances in the additional paid-in capital and retained earnings accounts should be

Question

The stockholders' equity section of Sliver Corporation's balance sheet at December 31,2014,was as follows:

On January 2,2015,Sliver purchased and retired 100,000 shares of its stock for $1,800,000.Sliver records treasury stock using the par value method.Immediately after retirement of these 100,000 shares,the balances in the additional paid-in capital and retained earnings accounts should be

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The Answer of The stockholders' equity section of Sliver Corporation's balance sheet at December 31,2014,was as follows:

On January 2,2015,Sliver purchased and retired 100,000 shares of its stock for $1,800,000.Sliver records treasury stock using the par value method.Immediately after retirement of these 100,000 shares,the balances in the additional paid-in capital and retained earnings accounts should be

The Stockholders' Equity Section of Sliver Corporation's Balance Sheet at December