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- Incremental Method: 1,000 common shares, $10 par value, and FMV of $20. 1,000 preferred shares, $10 par value, and undetermined FMV. Total selling amount

- Incremental Method: 1,000 common shares, $10 par value, and FMV of $20. 1,000 preferred shares, $10 par value, and undetermined FMV. Total selling amount is $30,000

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