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27. For its recent operating year, the following information was provided by Almost Awesome Company: # The company's end of year common stock balance was
27. For its recent operating year, the following information was provided by Almost Awesome Company: # The company's end of year common stock balance was $18,500 and the beginning of the year balance was $17,000. During the year, there was an increase in additional paid-in capital account balance of $3,300. The end of year retained earnings balance was $87,000 and the beginning of the year balance was $65,000. Almost Awesome Company reported net income of $34,000. During the year, for how much did Almost Awesome Company sell its common stock? $18,500. B. $1,500. C. $3,300. D. $4,800. E. None of the above
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