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Zigma Corporation is authorized to issue 5,000,000 shares of $5 par value capital stock. The corporation issued half the stock for cash at $8 per

Zigma Corporation is authorized to issue 5,000,000 shares of $5 par value capital stock. The corporation issued half the stock for cash at $8 per share, earned $396,000 during the first three months of operation, and declared a cash dividend of $60,000. The total paid-in capital of Zigma Corporation after three months of operation is:

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