Question: The paid-in capital is reported as two separate amounts: $1,200,000, which is labeled , and $11,256,000, labeled Additional - . The reasons for this distinction

The paid-in capital is reported as two separate amounts:

$1,200,000, which is labeled , and $11,256,000, labeled Additional - .

The reasons for this distinction are described in Part 8 . The important number is the total amount paid in by the shareholders, which is

$ .

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