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Fixit Corporation issued 20,000 shares of $20 par value common stock at its current market price of $22. How does this event affect total stockholders

Fixit Corporation issued 20,000 shares of $20 par value common stock at its current market price of $22. How does this event affect total stockholders equity?

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It increases by $640,000.

It is unaffected.

It increases by $440,000.

It increases by $400,000.

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