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The following information is available for Mint Corporation:

Common Stock ($10 par) $1,500,000

Paid-in Capital in Excess of Par - Preferred 200,000

Paid-in Capital in Excess of Stated Value - Common 750,000

Preferred Stock 450,000

Retained Earnings 800,000

Treasury Stock - Common 50,000

Instructions

Based on the preceding information, calculate each of the following:

(a) Total paid-in capital.

(b) Total stockholders' equity.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91395231

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