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The balance sheet caption for common stock is the following: Common stock, $5 par value, 2,660,000 shares authorized, 1,310,000 shares issued, 1,100,000 shares outstanding a.

The balance sheet caption for common stock is the following: Common stock, $5 par value, 2,660,000 shares authorized, 1,310,000 shares issued, 1,100,000 shares outstanding a. Calculate the dollar amount that will be presented opposite this caption

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