Burton Inc. has two classes of stock, 7% $100 par cumulative Preferred Shares and $3...
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Accounting
Burton Inc. has two classes of stock, 7% $100 par cumulative Preferred Shares and $3 par Common Shares. The equity section shows: Common stock, $3 par value, 1,000,000 shares authorized and ___?___ shares issued................$740,000 Paid in capital in excess of par value........................................................................................$270,000 How many shares of common are issued? Respond rounded to whole dollars, without a dollar sign and without commas.
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