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Swinton Music raised funds by issuing common stock for $ 1 5 0 , 0 0 0 and used $ 1 0 0 , 0
Swinton Music raised funds by issuing common stock for $ and used $ of the cash for expansion. Which of the following is true as a result?
Assets increased by $
Assets remained unchanged.
Assets increased by $
Equity was reduced by $
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