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ped B BW 1 The corporate charter of Alpaca Company authorized the issuance of 24 million, $1 par common year of operations, Alpaca had the

ped B BW 1 The corporate charter of Alpaca Company authorized the issuance of 24 million, $1 par common year of operations, Alpaca had the following transactions: January 1 sold 20 million shares at $7 per share June 3 retired 14 million shares at $10 per share December 28 sold 2 million shares at $22 per share What amount should Alpaca report as additional paid-in capital-excess of par, in its December 31 Multiple Choice $36 million $120 million < Prev 7 of 20 ww Next > 10 C

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