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Bramble Corp. reported the following balances at December 31, 2019: common stock $401,000, paid-in capital in excess of par value-common stock $105,000, and retained earnings

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Bramble Corp. reported the following balances at December 31, 2019: common stock $401,000, paid-in capital in excess of par value-common stock $105,000, and retained earnings $241,000. During 2020, the following transactions affected stockholders' equity 1. 2 3. Issued preferred stock with a par value of $124,000 for $210,000. Purchased treasury stock (common) for $44,000. Earned net income of $141,500. Declared and paid cash dividends of $52,000 4 Balance Sheet(Paruan $

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