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at fiscal year end, December 31, 2017 Alpha Corporation had total stockholders equity of $10,500,000....

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Accounting

at fiscal year end, December 31, 2017 Alpha Corporation had total stockholders equity of $10,500,000. There is only one class of common stock and no preferred stock. On January 1, 2017 the common stock account was vlaue at %500,000. On july 1 ,2017, Alpha issued 15,000 additional shares of its $5 per common stock for $15 per share. Use the information to determine the book value as of the end of the FY 2017. Round your answer to the nearest penny

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