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The December 31, 2021, balance sheet of Chen, Incorporated,showed long-term debt of $1,415,000, $143,000 in the common stockaccount, and $2,680,000 in the additional paid-in surplus

The December 31, 2021, balance sheet of Chen, Incorporated,showed long-term debt of $1,415,000, $143,000 in the common stockaccount, and $2,680,000 in the additional paid-in surplus account.The Dec 2 answers

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