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Glavin company issued 6000 shares of its 5 par value common

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Glavin company issued 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $312,000. the proceeds allocated to the common stock is?

Reference no: EM13608275

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