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1.Hamilton Boats issued 370,500 shares of its no par common stock to Sudoku Motors in exchange for 1,950 four-stroke outboard motors that normally sell in

1.Hamilton Boats issued 370,500 shares of its no par common stock to Sudoku Motors in exchange for 1,950 four-stroke outboard motors that normally sell in quantity for $3,800 each.

By what amount should Hamilton's shareholders' equity increase as a result of this transaction?

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