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Hiro Corp, issues 1,000, $5 par value ordinary shares and 1,000, $20 par value preference shares for a lump sum of $60,000. At the issue

Hiro Corp, issues 1,000, $5 par value ordinary shares and 1,000, $20 par value preference shares for a lump sum of $60,000. At the issue date, the ordinary shares were selling

for $36 and the preference shares were selling for $28. How much is recorded in Hiro's statement of financial position for the preference shares premium?

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