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A corporation has the following account balances: Common stock, $1 par value, $59900; Paid-in Capital in Excess of Par, $1297000. Based on this information,

A corporation has the following account balances: Common stock, $1 par value, $59900; Paid-in Capital in Excess of Par, $1297000. Based on this information, the legal capital is $1356900. number of shares issued are 59900. number of shares outstanding are 1356900. average price per share issued is $22.48.

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