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  3. poodle corporation was organized on january 3, 202

Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 94,000...

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Accounting

imageimage Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 94,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 30,000 shares of common stock at $6.40 per share. Issued 11,000 shares of common stock at $9.70 per share. Reported net income of $109,000. Paid dividends of $59,000. What is total paid-in capital at the end of 2021 ? Multiple Choice $302,700. $407700. $239,700. $298,700. The par amount of common stock represents: Multiple Choice The arbitrary dollar amount assigned to a share of stock. The Iiquidation value of a share. The book value of a share of stock. The amount recelved when the stock was issued

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