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The Matisse Co. issued 1,000 shares of $1 par value stock for $10 per share. How much will contributed capital increase on the stock issuance?

The Matisse Co. issued 1,000 shares of $1 par value stock for $10 per share. How much will contributed capital increase on the stock issuance? a) $9,000 b) $10,000 Oc) $1,000 d) None of the above

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