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In its first year of operations, Metlock, Inc. had the following transactions pertaining to its $11 par value preferred stock. Indicate the amount to be
In its first year of operations, Metlock, Inc. had the following transactions pertaining to its $11 par value preferred stock. Indicate the amount to be reported for (1) preferred stock, and (2) paid-in capital in excess of par value-preferred stock at the end of the year. (1) Preferred stock $ (2) Paid-in Capital in Excess of Par Value-Preferred Stock \$
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