During sensitivity analysis, the shadow price indicates the maximum value of contribution coefficients that will not alter the value of the objective function

Gannon Company acquired 8,000 shares of its own common stock at $20 per sahre on February 5, 2012, and sold 4,000 of these shares at $27 per share on August 9, 2013. The fair value of Gannon's common stock was $24 per share at December 31, 2012, and $25 per share at December 31, 2013. The cost method is used to record treasury stock transacations. What account(s) should Gannon credit in 2013 to record the sale of 4,000 shares?

a. treasury stock for $108,000 b. treasury stock for $80,000 and Paid-in capital and treasury stock for $28,000 c. treasury stock for $80,000 and retained earnings for $28,000 d. treasury stock for $96,000 and retained earnings for $12,000

The middle step in the word processing cycle involves revision

Indicate whether the statement is true or false.