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A corporation has the following account balances: Common Stock, $1 par value, $40,000; Paid-in Capital in Excess of Par Value, $1,800,000. Based on this information,

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A corporation has the following account balances: Common Stock, $1 par value, $40,000; Paid-in Capital in Excess of Par Value, $1,800,000. Based on this information, the average price per share issued is $4.60. number of shares issued is 40,000. legal capital is $1,840,000. number of shares outstanding is 1,840,000

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