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XYZ Inc issued 6,000 shares of $100 par value stock for $700,000 cash. The total amount of contributed capital in excess of par is OA

XYZ Inc issued 6,000 shares of $100 par value stock for $700,000 cash. The total amount of contributed capital in excess of par is OA $700,000 OB $100,000 OC 50 OD. $600,000

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