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  1. business
  2. accounting
  3. common stock, $1 par (3,000,000 shares authorized,

Common Stock, $1 par (3,000,000 shares authorized, 660,000 shares issued and outstanding) $660,0001,650,000708,00061,000 Paid-in Capital...

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Accounting

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Common Stock, $1 par (3,000,000 shares authorized, 660,000 shares issued and outstanding) $660,0001,650,000708,00061,000 Paid-in Capital in Excess of Par Retained Earnings Accumulated Other Comprehensive Income During 2025, the following transactions and events occurred. 1. Issued 50,000 shares of $1 par value common stock for $2 per share. 2. Issued $8,000 shares of common stock for cash at $5 per share. 3. Purchased 21.200 shares of common stock for the treasury at $3.75 per share. 4. Declared and paid a cash dividend of $177,000. 5. Earned net income of $362.500. 6. Had other comprehensive income of $19,000

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