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Question 14 (3 points) Given the information provided below, determine the dollar value of common stock issued during the period: Assets 1/1/X1 Assets 12/31/X1

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Question 14 (3 points) Given the information provided below, determine the dollar value of common stock issued during the period: Assets 1/1/X1 Assets 12/31/X1 Liabilities 1/1/X1 $4,500 $6,000 $2,500 Liabilities 12/31/X1 $1,450 Net Income 20X1 $1,250 Dividends Declared $300 Dividends Paid $175 a) $500 b) $2,000 c) $1,475 d) $1,600

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