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Carnival issues 10,000 shares of $1 par value common stock for $10 per share. Stock issue costs are $3,000. The journal entry to record the

Carnival issues 10,000 shares of $1 par value common stock for $10 per share. Stock issue costs are $3,000. The journal entry to record the issuance of stock will include a credit to...

additional paid-in capital for $87,000

I do not understand how to get that amount - is there an equation I am missing or how do I get $87,000?

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