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On January 25, 2020, Derik Inc. issues 12,000 shares of $2 par value common stock. If additional paid in capital was recorded at $42,000, the

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On January 25, 2020, Derik Inc. issues 12,000 shares of $2 par value common stock. If additional paid in capital was recorded at $42,000, the market value of the common stock is: * $84,000 $5.5 $3.5 $2 None of the above

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