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The McGovern Company had the following account balances: Inventory $2,000 Notes payable 15,000 Accounts receivable 3,000 Equipment 48,000 Cash 16,000 Retained earnings 8,000 Accounts

The McGovern Company had the following account balances: Inventory $2,000 Notes payable 15,000 Accounts receivable 3,000 Equipment 48,000 Cash 16,000 Retained earnings 8,000 Accounts payable 6,000 What is the company's common stock balance?

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