35.

Montgomery & Co., a well-established law firm, provided 470 hours of its time to Fink Corporation and received 1,000 shares of Fink's $5 par common stock in exchange for services rendered. Montgomery's usual billing rate is $740 per hour, and Fink's stock has a book value of $210 per share. By what amount will Fink's paid-in capitalexcess of par increase for this transaction?

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Multiple Choice

$291,100.

$342,800.

$344,300.

$347,800.