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Barton Company is a publicly held corporation whose $1 par value stock is actively traded at $32 per share. The company issued 3,500 shares of

Barton Company is a publicly held corporation whose $1 par value stock is actively traded at $32 per share. The company issued 3,500 shares of stock to acquire land recently advertised at S150,000. When recording this transaction, Barton Company will:

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