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Marigold Corp. issued 4200 shares of its $10 par value common stock having a fair value of $30 per share and 6700 shares of its
Marigold Corp. issued 4200 shares of its $10 par value common stock having a fair value of $30 per share and 6700 shares of its $15 par value preferred stock having a fair value of $30 per share for a lump sum of $254000. The proceeds allocated to the preferred stock is O $97872 O $156128 $201000 $202800
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