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The corporate charter of Alpaca Co. authorized the issuance of 11 million $1 par common shares During 2021, its first year of operations, Alpaca had

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The corporate charter of Alpaca Co. authorized the issuance of 11 million $1 par common shares During 2021, its first year of operations, Alpaca had the following transactions: Danuary 1 sold 9 million shares at $16 per share June 3 retired 3 million shares at $19 per share December 28 sold 3 million shares at $21 per share What amount should Alpaca report as additional paid-in capital-excess of par, In Its December 31, 2021, balance sheet Multiple Choice 5150 million $141 on 5135 million

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