### Total paid in capital after three months of operation

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##### Reference no: EM13143882

2,000,000 shares of capital stocks at \$3 par value were issued the company issued half of the stock for cash at \$8 per share, and earnded \$90,000 during the first three months of operation, and declared a cash dividend of \$15,000 what would be the total paid in capital after three months of operation.

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