On January 1,2017,Bogie Corporation Had 40,000 Common Shares Outstanding Issued

Multiple Choice

On January 1,2017,Bogie Corporation had 40,000 common shares outstanding issued at $16 each during 2016.On June 1,2017,Bogie Corporation issued 5,000 shares of its common shares at $15 per share.On September 30,2017,Bogie Corporation repurchased 3,000 shares of its common shares for $17 per share.On November 30,2017,Bogie Corporation reissued 2,000 shares of repurchased shares at $18 per share.The balance in Share Capital on December 31,2017,as shown on the statement of shareholders' equity,is:

A) $640,000
B) $700,000
C) $703,333
D) $756,000