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Ix Company issued 2 0 , 0 0 0 shares of $ 2 0 par value common stock at a market price of $ 3

Ix Company issued 20,000 shares of $20 par value common stock at a market price of $32. As a result of this accounting event, the amount of stockholders' equity would:
increase by $640,000.
increase by $240,000.
be unaffected.
increase by $400,000.

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