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Burton Inc. has two classes of stock, 9% $100 par cumulative Preferred Shares and $4 par Common Shares. The equity section shows: Common stock, $4
Burton Inc. has two classes of stock, 9% $100 par cumulative Preferred Shares and $4 par Common Shares. The equity section shows: Common stock, $4 par value, 1,000,000 shares authorized and ___?___ shares issued................$595,000 Paid in capital in excess of par value........................................................................................$212,000 How many shares of common are issued?
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