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10.5 Augusta Corporation reported the following information: 50,000 shares of ( $ 4 ) par value common stock authorized, 42,000 shares common stock issued, 18,000

10.5 Augusta Corporation reported the following information: 50,000 shares of $ \$ 4 $ par value common stock authorized, 42,000 shares common stock issued, 18,000 shares treasury stock. Required: 1. Wha 2 answers

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