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Nebraska Inc. issues 4 , 8 0 0 shares of common stock for $ 1 5 3 , 6 0 0 . The stock has

Nebraska Inc. issues 4,800 shares of common stock for $153,600. The stock has a stated value of $14 per share. The journal entry for the stock issuance would include a credit to Common Stock for
a. $67,200
b. $153,600
c. $4,800
d. $86,400

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