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The market price of a share of common stock at the time of issuance was $12.50, while the market price of a preferred share of
The market price of a share of common stock at the time of issuance was $12.50, while the market price of a preferred share of stock at the time of issuance was $22.00. The company paid $7.00 per share for its treasury stock. Determine the missing amount in the stockholders equity section of the balance sheet set forth below. (Input all amounts as positive values.)
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