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When 1,000 shares of $1 par value common stock are sold at $4.75 per share, paid-in capital in excess of par value-common will: A. increase

When 1,000 shares of $1 par value common stock are sold at $4.75 per share, paid-in capital in excess of par value-common will: A. increase $1,000 B. increase $3,750 C. increase $4,750 D. not be affected

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