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Seville Co. issued 900 shares of $56 par value stock for $67,500. What is the total amount of contributed capital? $50,400 $67,500 $17,100 $56

Seville Co. issued 900 shares of $56 par value stock for $67,500. What is the total amount of contributed capital?

$50,400

$67,500

$17,100

$56

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