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STUInc.issued1,000sharesof$20parvaluecommonstockfor$30pershareonMarch 1st, 2023. Calculate the total proceeds received by STU Inc. from the issuance of common stock.

STU Inc. issued 1,000 shares of $20 par value common stock for $30 per share on March 1st, 2023. Calculate the total proceeds received by STU Inc. from the issuance of common stock.

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