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Brown Company issued 113,000 shares of its $1 par common stock to the Mary Keim law firm as compensation for 5,300 hours of legal
Brown Company issued 113,000 shares of its $1 par common stock to the Mary Keim law firm as compensation for 5,300 hours of legal services performed. Keim's usual rate is $220 per hour. By what amount should Brown's paid-in capital-excess of par increase as a result of this transaction? Paid-in capital-excess of par
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