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ABC issues 11,000 shares of common stock to investors on January 1 for cash, with the investors paying cash of $24 per share. The

ABC issues 11,000 shares of common stock to investors on January 1 for cash, with the investors paying cash of $24 per share. The par value of the stock is $1 per share. What is the amount applied to additional paid in capital? Your Answer: Answer

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