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Balance sheet and income statement data indicate thefollowing:Bonds payable, 10% (due in 2 years)$805,000Preferred 5% stock, $100 par (no change during year)247,000Common stock, $50 par

Balance sheet and income statement data indicate thefollowing:Bonds payable, 10% (due in 2 years)$805,000Preferred 5% stock, $100 par (no change during year)247,000Common stock, $50 par ( 2 answers

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