Question: Tom Yuppy, a wealthy investor, paid $ 2 0 , 0 0 0 for 1 , 0 0 0 shares of $ 1 0 par

Tom Yuppy, a wealthy investor, paid $20,000 for 1,000 shares of $10 par common stock issued to him by Leuig Corporation. A month later, Leuig Corporation issued an additional 2,000 shares of stock to Yuppy for $25 per share.

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