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Seville Company issued 750 shares of $53 par value stock for $56,250. What is the total amount of contributed capital? Multiple Choice $16,500 $56,250 $39,750

Seville Company issued 750 shares of $53 par value stock for $56,250. What is the total amount of contributed capital? Multiple Choice $16,500 $56,250 $39,750 $53

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