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Flounder Corporation is authorized to issue 22,500 shares of $50 par value, 10% preferred stock and 125,000 shares of $5 par value common stock. On

Flounder Corporation is authorized to issue 22,500 shares of $50 par value, 10% preferred stock and 125,000 shares of $5 par value common stock. On January 1, 2022, the ledger contained the fol...

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