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Fielder Company obtained land by issuing 3, 090 shares of its $10 par value common stock. The land was recently appraised at $127, 730. The

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Fielder Company obtained land by issuing 3, 090 shares of its $10 par value common stock. The land was recently appraised at $127, 730. The common stock is actively traded at $40 per share. Prepare the journal entry to record the acquisition of the land

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