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Lei Inc.'s $10 par value common stock is actively traded at a market price of $15 per share. Lei issues 5,200 shares to purchase land

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Lei Inc.'s $10 par value common stock is actively traded at a market price of $15 per share. Lei issues 5,200 shares to purchase land advertised for sale at $90,000. Journalize the issuance of the stock in acquiring the land

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