Belton, Inc. had the following transactions in 2024, its first year of operations: Issued 33,000 shares...
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Belton, Inc. had the following transactions in 2024, its first year of operations: Issued 33,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $19.00 per share. Earned net income of $73,000. Paid no dividends. At the end of 2024, what is the total amount of paid - in capital? Belton, Inc. had the following transactions in 2024, its first year of operations: Issued 33,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $19.00 per share. Earned net income of $73,000. Paid no dividends. At the end of 2024, what is the total amount of paid - in capital?
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