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Business, 04.12.2019 23:31 Raync8780

Glavine company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $310,000. the proceeds allocated to the common stock is1. $140,9092. $150,0003. $169,0914. $124,000

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