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Transactions during 2018: 1. In January, the 1,000 treasury shares were reissued (sold) for $37 cash per share. 2. In March, the company issued 1,000

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Transactions during 2018: 1. In January, the 1,000 treasury shares were reissued (sold) for $37 cash per share. 2. In March, the company issued 1,000 new shares of $1 par common stock, for $50 cash per share. 3. In June, the company completed a 3-for-2 stock split of its common stock, in the form of stock dividend. Par value of stock was unchanged at \$1. Stock price after distribution was $35/ share. 4. In December, the company declared and paid a cash dividend of $1/ share of common stock. 5. Net income for the year was $70,000. Calculate and write below the 2018 year-end balance in the following accounts. Common stock-Par: Additional paid-in capital: Retained earnings: You may use the following worksheet for your work (some are pre-filled for you)

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