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Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was
Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was $12,000 and the year-end balance was $16,000. The additional paid-in capital account balance increased $2,800 during the year. The retained earnings balance at the beginning of the year was $75,000 and the year- end balance was $82,000. Net income was $29,000. How much did Superior sell its common stock for during the year?
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