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Business, 01.04.2021 16:50 write2lakenor7awj

Pal Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $264,000. The proceeds allocated to the common stock is Group of answer choices $120,000 $158,400 $150,000 $144,000

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