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Question 1 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017. Common Stock ($4 stated value)

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Question 1 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017. Common Stock ($4 stated value) Paid-in Capital in Excess Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $105 par) Retained Earnings Treasury Stock (12,000 common shares) $1,340,000 276,000 855,000 556,500 1,180,000 144,000 of Par-Preferred Stock

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