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6. Jazzmine, Inc formed on February 1 and authorized 500,000 shares of $1 par value common stock. During the year, Jazzmine had the following transactions
6. Jazzmine, Inc formed on February 1 and authorized 500,000 shares of $1 par value common stock. During the year, Jazzmine had the following transactions relating to shareholders' equity:-Issued 50,000 shares of common stock at $10 per share-Issued 10,000 shares of common stock at $12 per share-Reported a net income of $200,000 Paid dividends of $20,000 What is the total stockholder's equity at the end of the year? a. $620,000 b. $800,000 c. $820,000 d. $600,000 20. per share. The
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