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A company issued 80 shares of $100 par value common stock for $9,400 cash. The total amount of paid-in capital in excess of par

A company issued 80 shares of $100 par value common stock for $9,400 cash. The total amount of paid-in capital in excess of par is: Multiple Choice $100. $800. $1,400. $8,000. $9,400.

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