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Question 4 Here are some line items from a balance sheet (statement of financial position). What amount of Additional Paid-In Capital does the company have?

Question 4

Here are some line items from a balance sheet (statement of financial position). What amount of Additional Paid-In Capital does the company have?

Total liabilities and stockholders' equity

$1,000

Current liabilities

.

Common stock

$100

Contributed capital

$400

Noncurrent assets

$700

Retained earnings

$100

Total assets

.

Noncurrent liabilities

$300

Additional paid-in capital

.

Current assets

.

Total liabilities

$350

Total stockholders' equity

.

Total liabilities and stockholders' equity

$1,000

Current liablities

.

Common stock

$100

Contributed capital

$400

Noncurrent assets

$700

Retained earnings

$100

Total assets

.

Noncurrent liabilities

$300

Additional paid-in capital

.

Current assets

.

Total liabilities

$350

Total stockholders' equity

.

$1,000

$650

$400

$300

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