Carla Vista Corporation has 100000 shares of $10 par common stock authorized. The following transactions...
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Accounting
Carla Vista Corporation has 100000 shares of $10 par common stock authorized. The following transactions took place during 2025, the first year of the corporations existence: Sold 19100 shares of common stock for $12.50 per share. Issued 19800 shares of common stock in exchange for a patent valued at $297000.
At the end of Carla Vistas first year, total paid-in capital was
Select answer from the options below
$238750.
$297000.
$119100.
$535750.
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