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Compute the total paid in capital after months of operation

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A company is issued $8,000000 shares of $1 par value capital stock. the corporation issued half the stock for cash at $4 per share, earned $591,000 during the first 3 months of operations, and declared a cash dividend of $80,000. the total paid in capital after 3 months of operation is ?

Reference no: EM131794308

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