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The company made open-market purchases of its own common stock with the intent to reissue the shares in the future.It is anticipated that the market price of the stock will be in excess of the purchase price when the stock is reissued.Identify the section of professional standards that provides guidance as to how the company should account for the excess of the market price at the time of reissuance over the purchase price of the common stock. Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields.Type the topic here. Correctly formatted FASB ASC topics are 3 digits.
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