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The following table presents the long - term liabilities and stockholders equity of information control corporation one year ago: Long - term debt $ 6
The following table presents the longterm liabilities and stockholders equity of information control corporation one year ago:
Longterm debt $
Preferred Stock $
Common stock $ par value $
Capital Surplus $
Accumulated retained earnings $
During the past year, the company issued million shares of new stock at a total price of $ million, and issued $ million in new longterm debt. The company generated $ million in net income and paid $ million in dividends.
Prepare the current balance sheet reflecting the changes that occurred on the company's balance sheet during the year. Note: Do not rouind intermediate calculations and enter your answers in dollars, not millions of dollars. Please prepare a table.
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