Solution-What is the total amount of contributed capital

Question - A company issued 1,550 shares of $69 par value stock for $116,250. What is the total amount of contributed capital?

$116,250

$69

$106,950

$9,300

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What is the total amount of contributed capital : A company issued 1,550 shares of $69 par value stock for $116,250. What is the total amount of contributed capital

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