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Swifty Corporation began business by issuing 179500 shares of $5 par value common stock for $20 per share. During its first year, the corporation sustained

Swifty Corporation began business by issuing 179500 shares of $5 par value common stock for $20 per share. During its first year, the corporation sustained a net loss of $29100. The year-end balance sheet would show

Total paid-in capital of $3560900.

Common stock of $897500.

Common stock of $3590000.

Total paid-in capital of $926600.

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