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QUESTION

Carbide Corporation purchased 36,000 shares of its own stock from investors for $46 per share.

Carbide Corporation purchased 36,000 shares of its own stock from investors for $46 per share. The next year, the company resold 4,000 of the repurchased shares for $42 per share, and the following year it resold 10,000 of the repurchased shares for $34 per share.

Determine the impact (increase, decrease, or no change) of each of these transactions on the following: (Enter a positive value for increase and a negative value for decrease. If no change, leave cell blank.)

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