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Business, 10.10.2019 04:10 mmelody5

The corporate charter of alpaca co. authorized the issuance of 10 million, $1 par common shares. during 2018, its first year of operations, alpaca had the following transactions: january 1 sold 8 million shares at $15 per share june 3 retired 2 million shares at $18 per share december 28 sold 2 million shares at $20 per share what amount should alpaca report as additional paid-in capital‒ excess of par, in its december 31, 2018, balance sheet? multiple choice $122 million $74 million $116 million $112 million

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The corporate charter of alpaca co. authorized the issuance of 10 million, $1 par common shares. dur...
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