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Question 14 (5 points) Irish Corporation issued (sold) 22,000 shares of common stock for $58 per share. The bylaws established a stated value of

Question 14 (5 points) Irish Corporation issued (sold) 22,000 shares of common stock for $58 per share. The bylaws established a stated value of $10 per share. What is the amount of increase in the common stock account as a result of this transaction? $220,000. $1,276,000. $1,056,000. $0. $440,000.

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