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A company issues 51,000 shares of its $7 par common stock for $16 per share. The amount to be disbited to Cash is A. $459.000

A company issues 51,000 shares of its $7 par common stock for $16 per share. The amount to be disbited to Cash is A. $459.000 O B. $1,173,000 OC. $357.000 D. $816,000

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