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Marta Co.'s ledger shows the following balances on December 31, 2015: Preferred stock (5%; $10 par, outst. 20,000 shares) $200K Common Stock ($100 par, outst.

Marta Co.'s ledger shows the following balances on December 31, 2015: Preferred stock (5%; $10 par, outst. 20,000 shares) $200K Common Stock ($100 par, outst. 30,000 shares) $3M Retained Earnings $630...

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