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[The following information applies to the questions displayed below.] Clothing Frontiers began operations on January 1, and engages in the following transactions during the year

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[The following information applies to the questions displayed below.] Clothing Frontiers began operations on January 1, and engages in the following transactions during the year related to stockholders' equity January 1 lssues 600 shares of common stock for $38 per share. April 1 Issues 100 additional shares of common stock for $42 per share

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