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The following table lists the stockholders equity accounts appearing on the balance sheet of a corporation on Dec. 31, 2008. Answer the questions below the table.
Account amountCommon stock, $10 par value $300,000Paid-in capital in excess of par-common 270,000Preferred stock, $50 par value 125,000Paid-in capital in excess of par-preferred 30,000Retained Earnings 225,000
a. how many shares of common stock have been issued?b what was the average issuance price of the comoon stock?c how many shares of preferred stock have been issued?d what was the average issuance price of the preferred stock?e what is total paid-in capitald what is total stockholders' equity?
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