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16. The following information is provided for Wolf Company Retained earrings Preferred stock, 596, $50 par Organization expense Additional paid-in capital on common stock Additional

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16. The following information is provided for Wolf Company Retained earrings Preferred stock, 596, $50 par Organization expense Additional paid-in capital on common stock Additional paid-in capital from recall of preferred stock Premium on bonds payable Common stock, $10 par $445,000 100,000 2,500 2,500 5,700 350,000 nsalocom Company? a. $52,500 b. $51,000 c $53,500 d. $56,700 to a contract to sell 14,000 sports caps for $140,000 to Dilly, Inc. In March, after 5,000 Dilly modify the agreement to sell an additional 6,000 caps for $33,000 which is significantly lower than Cigaro's stand-alone selling price at that time revenue will Cigaro recognize for the month of April? . During April, Cigaro delivers 2,000 caps. How much a. $17,300 $16,400 d. $11,000 c. $15,500

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