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1. Parker Company issued 10,000 shares of S10 par common stock (market value of $30 per share) for the all of the outstanding stock of

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1. Parker Company issued 10,000 shares of S10 par common stock (market value of $30 per share) for the all of the outstanding stock of Schein Company. Direct acquisition costs were $15,000. Indirect acquisition costs were $5,000 Stock issuance costs were $3,000. As a result of this transaction, Parker's Additional Paid in Capital account will increase by what amount

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