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PROBLEM 2 Orlando Corporation incorporated on January 2nd of the current year. During the year it had the following transactions: a. issued 60,000 shares of

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PROBLEM 2 Orlando Corporation incorporated on January 2nd of the current year. During the year it had the following transactions: a. issued 60,000 shares of $1 par common st $45 per share b. Purchased 4,000 shares of treasury stock at $27 per share c. Earned net income of $400,000 What was total SE at the end of the year

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