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4 questions, need help, easy one Clothing Emporium was organized on January 3, 2015. The firm was authorized to issue 170,000 shares of $8 par
4 questions, need help, easy one
Clothing Emporium was organized on January 3, 2015. The firm was authorized to issue 170,000 shares of $8 par common stock. During 2015, Clothing Emporium had the following transactions relating to shareholders' equity: Issued 51,000 shares of common stock at $10 per share. Issued 34,000 shares of common stock at $11 per share. Reported a net income of $170,000. Paid dividends of $85,000 What is total paid-in capital at the end of 2015? $884,000 $969,000 $799,000 $1,054,000Step by Step Solution
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