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If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be: A) Retained earnings would

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:

A) Retained earnings would increase by $48,979

B) Equity would decrease by $4,898

C) Equity would increase by $48,979

D) Retained earnings would increase by $4,898

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