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Hawthorn Corporation issued 3 5 , 0 0 0 shares of $ 4 par value common stock in exchange for a building with a fair

Hawthorn Corporation issued 35,000 shares of $4 par value common stock in exchange for a building with a fair value of $170,000. Record the stock issuance. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
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