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Irish Corporation issued (sold) 23,000 shares of common stock for $57 per share. The bylaws established a stated value of $5 per share. What is
Irish Corporation issued (sold) 23,000 shares of common stock for $57 per share. The bylaws established a stated value of $5 per share. What is the amount of increase in the common stock account as a result of this transaction?
$1,196,000.
$1,311,000.
$0.
$115,000.
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