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The stockholders' equity section of the balance sheet of Our Stock Inc., on December 31, 2xxx, appears as follow: Stockholder's Equity 6% Cumulative preferred stock,
The stockholders' equity section of the balance sheet of Our Stock Inc., on December 31, 2xxx, appears as follow: Stockholder's Equity 6% Cumulative preferred stock, $100 par, 50,000 share authorized, ????? shares issued $1,800,000 Common stock, $10 par, 500,000 shares authorized, 100,000 issued of which ????? is held as treasury $1,000,000 Additional Paid In-Capital For Issuance of Preferred Stock $444,000 For Issuance of Common Stock $3,835,000 Total Paid in
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