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. P13-10B (LO 3, 5) AP Carlotta's Cakes Inc. is a private company reporting under ASPE. It is authorized to issue an unlimited number of

. P13-10B (LO 3, 5) AP Carlotta's Cakes Inc. is a private company reporting under ASPE. It is authorized to issue an unlimited number of common and $3 cumulative preferred shares. The following is a...

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