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At the end of the accounting period, Houston Company had $6,800 of par value common stock issued, additional paid-in capital in excess of par value
At the end of the accounting period, Houston Company had $6,800 of par value common stock issued, additional paid-in capital in excess of par value common of $8,500, retained earnings of $7,500, and $4,500 of treasury stock. The total amount of stockholders' equity is:
Multiple Choice
$10,800.
$20,500.
$27,300.
$18,300.
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