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JKLCompanyissued1,200sharesof$20parvaluecommonstockfor$25pershareon June 1st, 2023. Calculate the total proceeds received by JKL Company from the issuance of common stock.
JKL Company issued 1,200 shares of $20 par value common stock for $25 per share on June 1st, 2023. Calculate the total proceeds received by JKL Company from the issuance of common stock.
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