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A corporation has the following account balances: Common Stock, $1 par value, $70000; Paid-in Capital in Excess of Par Value, $2580000. Based on this

A corporation has the following account balances: Common Stock, $1 par value, $70000; Paid-in Capital in Excess of Par Value, $2580000. Based on this information, the average price per share issued is $3.79. number of shares outstanding is 2650000. number of shares issued is 70000. legal capital is $2650000.

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