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What is the total dollar amount for common stock

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Reference no: EM132772252

Question - Our company issued 10,000 shares of $4 par value common stock for $10 per share. We are authorized to sell 30,000 shares of common stock. What is the total dollar amount for common stock?

a. $120,000

b. $60,000

c. $100,000

d. $40,000

Reference no: EM132772252

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