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A company issued 165 shares of $100 par value common stock for $17,500 cash. The total amount of paid-in capital is: Multiple Choice $16,500. $1,000.

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A company issued 165 shares of $100 par value common stock for $17,500 cash. The total amount of paid-in capital is: Multiple Choice $16,500. $1,000. $100. $17,500. $1,650.

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