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The equity section of the statement of financial position for Puppy Company as of December 31, 2022, is as follows: Preference Share (6 percent,
The equity section of the statement of financial position for Puppy Company as of December 31, 2022, is as follows: Preference Share (6 percent, $20 par, 100,000 shares authorized) Ordinary Share ($8 par value, 400,000 shares authorized) ordinary $1,200,000 1,600,000 900,000 Share Premium Retained Earnings Appropriated - Treasury Reserve Unappropriated 150,000 1,450,000 Treasury Share (at cost $30) (150,000) Accumulated Other Comprehensive Income 50,000 A corporation's contributed capital is O a. $2,500,000. O b. $5,150,000. O c. $5,200,000. d. $3,700,000.
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