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Bonner Company began business this year and immediately sold 500,000 common shares for $13,500,000 cash and paid $750,000 in common dividends. At midyear, the rm
Bonner Company began business this year and immediately sold 500,000 common shares for $13,500,000 cash and paid $750,000 in common dividends. At midyear, the rm bought back some of its own shares. The company reports the following additional information at year-end.
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