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Use the following information for questions 3 and 4. Presented below is information related to Hale Corporation: Common Stock, $1 par Paid-in Capital in Excess

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Use the following information for questions 3 and 4. Presented below is information related to Hale Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock Preferred 8 1/2% Stock, $50 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Common Stock (at cost) $3,500,000 550,000 2,000,000 400,000 1,500,000 150,000 3. a. C. The total stockholders' equity of Hale Corporation is $7,800,000 b. $7,950,000 $6,300,000 d. $6,450,000 The total paid-in capital (cash collected) related to the common stock is $3,500,000 b. $4,050,000. $5,450,000 d. $3,900,000 4. a. C

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