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1eld Corporation began business by issuing 642700 shares of $5 par value common stock for $25 per share. During its firs orporation sustained a net

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1eld Corporation began business by issuing 642700 shares of $5 par value common stock for $25 per share. During its firs orporation sustained a net loss of \$61100. The year-end balance sheet would show Total paid-in capital of $12854000. Common stock of $16067500. Common stock of $3213500. Total paid-in capital of $16006400

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