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Business, 16.04.2020 05:01 carterhoward

The following information is from Smiley Company's comparative Balance Sheets: At December 31 2019 2018 Common Stock $4 par value $260,000 $220,000 Paid-in Capital in Excess of Par 490,000 426,000 Retained Earnings 510,000 485,000 Net Income for the year ended December 31, 2019 was $75,000 How much cash was received from the sale of its common stock during 2019?

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