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Determine the total? paid-in capital-ariba corporation

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Problem: Ariba Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $ 51,000. In? addition, Ariba received cash for 2,000 shares of its $ 15 par preferred stock at par value and 7500 shares of its? no-par common stock at $ 25 per share. Without making journal? entries, determine the total? paid-in capital created by these transactions.Please describe your solutions in detail.

Reference no: EM132418915

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