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The stockholders' equity section on the December 3 1 balance sheet of Chemfast Corporation reported the following amounts: Assume that no shares of treasury stock

The stockholders' equity section on the December

31

balance sheet of Chemfast Corporation reported the following amounts:

Assume that no shares of treasury stock have been sold in the past.

Required:

Complete the following statements.

(

Decreases should be indicated by a minus sign. Round per share to

2

decimal places.

)

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