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Use the following information for questions 5 and 6. Presented below is information related to Hale Corporation: Common Stock, $1 par $3,500,000 Paid-in Capital in

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

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