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During its first year of operations, Buffalo Corporation had the following transactions pertaining to its common stock. Jan Issued 85,000 shares for cash at

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During its first year of operations, Buffalo Corporation had the following transactions pertaining to its common stock. Jan Issued 85,000 shares for cash at $6 per share. 10 Mar. 1 July Issued 5,000 shares to attorneys in payment of a bill for $36,100 for services rendered in helping the company to incorporate. Issued 31,300 shares for cash at $8 per share. 1 Sept. Issued 63,200 shares for cash at $10 per share. 1 (a)

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