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Use the following information to answer the next 5 questions: The Stockholder's Equity accounts of Aspen Corp. on December 31, 2021 were as follows: During

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Use the following information to answer the next 5 questions: The Stockholder's Equity accounts of Aspen Corp. on December 31, 2021 were as follows: During 2022 the corporation had the following transactions and events pertaining to its stockholders' equity. Mar. 21 Issued 20,000 shares of common stock in exchange for land. On the date of purchase the land had a fair market value of $210,000 and the stock was selling for $11 per share. April 17 Sold 1,500 shares of treasury stock - common for $12 per share. Nov. 22 Purchased 700 shares of common stock for the treasury at a cost of $6,300. Dec. 31 Determined that net income for the year was $463,000. Dividends were declared and paid during December. These dividends included a $0.20 per share dividend to common stockholders of record as of December 12. Preferred dividends are one year in arrears. 9. What is the Total Contributed Capital as of December 31, 2022? A. $2,508,200 B. $2,510,000 C. $2,514,500 D. $2,460,500 E. $2,504,500 10. Determine total stockholder's equity as of December 31, 2022. A. $3,570,040 B. $3,571,940 C. $3,580,040 D. $3,584,540 E. $3,620,540

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