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If Sunland Company issues 8800 shares of $5 par value common stock for $288000. O Paid-In Capital in Excess of Par will be credited

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If Sunland Company issues 8800 shares of $5 par value common stock for $288000. O Paid-In Capital in Excess of Par will be credited for $44000. O Paid-In Capital in Excess of Par will be credited for $244000. O Common Stock will be credited for $288000. O Cash will be debited for $244000.

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