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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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