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Multiple Choice Question 73 Crane Company issued 9000 shares of its $5 par value common stock having a fair value of $20 per share and

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Multiple Choice Question 73 Crane Company issued 9000 shares of its $5 par value common stock having a fair value of $20 per share and 14000 shares of its 510 par value preferred stock having a fair value of $20 per share for a lump sum of $510000. How much of the proceeds would be allocated to the common stock? $310435 5206250 $180000 $199565 Click If you would like to show Work for this questioni Open Show Work

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