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When incorporated Y Ltd. issued 3,000 common shares to A for $3,000. In year 2, Y Ltd. issued 2,000 additional common shares to B for
When incorporated Y Ltd. issued 3,000 common shares to A for $3,000. In year 2, Y Ltd. issued 2,000 additional common shares to B for $20,000, the market value of the shares at that date. What is the total paid-up capital (PUC) of the common shares owned by A?
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