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ith stockholder equity account that follows determine the original price per share at which the firm sold its single issue of common stock stock holder

ith stockholder equity account that follows determine the original price per share at which the firm sold its single issue of common stock

stock holder Equity ($000)

preferred stock $225

Common stock ($0.50 par ,400,000 shares outstanding) 200

paid - in capital in excess of per on common stock 2,600

retained earnings 800

total stockholder equity $3,825

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