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Please show steps- thanks!. 18. (4 points) Throughout 2020, Fred had 3,000,000 shares of $1 par value common stock outstanding. Throughout 2020, Fred had 400,000

Please show steps- thanks!. 18. (4 points) Throughout 2020, Fred had 3,000,000 shares of $1 par value common stock outstanding. Throughout 2020, Fred had 400,000 shares of 5%, $100 par value convertib...

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