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The Balance Sheet for Consolidated Industrial shows the following balances: retained earnings =$1,050,000; cash =$280,000; patents and copyrights =$560,000; inventory =$840,000; accounts payable =$350,000; accounts

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The Balance Sheet for Consolidated Industrial shows the following balances: retained earnings =$1,050,000; cash =$280,000; patents and copyrights =$560,000; inventory =$840,000; accounts payable =$350,000; accounts receivable = $525,000; property plant and equipment =$3,010,000; notes payable =$540,000; long-term debt =$2,800,000. What must the value for Common Stock be? $1,555,000 $1,205,000 $475,000 $375,000 $645,000

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