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When 35,000 shares of $10 par common stock are issued at $16.50 per share, total paid-in capital: a. Increases by $350,000 c. Increases by $227,500

When 35,000 shares of $10 par common stock are issued at $16.50 per share, total paid-in capital:

a. Increases by $350,000 c. Increases by $227,500

b. Decreases by $577,500 d. Increases by $577,500

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