C. worthy ships initially issued 300,000 shares of $1 par stock for $1,500,000 in 2018. in 2020, the company repurchased 30,000 shares for $300,000. in 2021, 15,000 of the repurchased shares were resold for $240,000. in its balance sheet dated december 31, 2021, c. worthy’s treasury stock account shows a balance of:

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes