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Exercise 15-11 The shareholders' equity accounts of Sarasota Inc. have the following balances on December 31, 2020: Common shares, 420,000 shares issued and outstanding

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Exercise 15-11 The shareholders' equity accounts of Sarasota Inc. have the following balances on December 31, 2020: Common shares, 420,000 shares issued and outstanding $ 8,820,000 Contributed surplus Retained earnings 700,000 43,700,000 Common shares are currently trading on the Toronto Stock Exchange at $58.

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