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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 $12,000
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 $3,700 during the year. |
The retained earnings balance at the beginning of the year was $70,000 and the year-end balance was $91,000. |
Net income was $38,000. |
How much did Superior sell its common stock for during the year? |
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