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No explanation needed 33 The corporate charter of Alpaca Co. authorized the issuance of 10 million, $1 par common shares. During 2021, its first year
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33 The corporate charter of Alpaca Co. authorized the issuance of 10 million, $1 par common shares. During 2021, its first year of operations, Alpaca had the following transactions: January 1 sold 8 million shares at $15 per share June 3 retired 2 million shares at $18 per share December 28 sold 2 million shares at $20 per share What amount should Alpaca report as additional paid-in capital-excess of par, in its December 31, 2021, balance sheet (in millions)? O 74 112 OB 116 122 D Activate Ser Step by Step Solution
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