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Marigold Corporation began business by issuing 4 0 6 0 0 0 shares of $ 5 par value common stock for $ 2 2 per

Marigold Corporation began business by issuing 406000 shares of $5 par value common stock for $22 per share. During its first year, the corporation sustained a net loss of $39900. The year-end balance sheet would show
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