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During its first year of operations, Mulch Men Corporation issued 150,000 shares of common stock at $10 per share (par value = $1 /

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During its first year of operations, Mulch Men Corporation issued 150,000 shares of common stock at $10 per share (par value = $1 / share). O Common stock increased $1,350,000 O All of the statements are correct O Cash increased $1,500,000 O Paid in Capital in excess of par increased $150,000 O None of the statements is correct

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