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Base Line Incorporated is authorized to issue 5 0 , 0 0 0 shares of $ 1 5 par value common stock. On January 1

Base Line Incorporated is authorized to issue 50,000 shares of $15 par value common stock. On January 1, Year 1, Base Line issued 10,000 shares of the stock for $24 per share. Immediately after the issue, Base Line's balance sheet will show Blank______ of paid-in-capital in excess of par value.

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