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a. JKL, Inc. began 2020 with 38,800 shares of $10 par common stock that were initially issued for $17.50 per share. These shares have been

a. JKL, Inc. began 2020 with 38,800 shares of $10 par common stock that were initially issued for $17.50 per share. These shares have been recorded. b. There is one issue of non-cumulative 6% $500 par...

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