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arpin Company reports the following in the stockholders' equity section of its balance sheet: par value of its common stock, $0.25, the total balance in

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arpin Company reports the following in the stockholders' equity section of its balance sheet: par value of its common stock, $0.25, the total balance in the common stock account, $37,500 and total balance in capital in excess of par account, $1,325,000. Also noted is that 5,000 shares are currently designated as treasury stock. The number of shares outstanding is 70,000 None of the above

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