Question: Brief Exercise 1 8 - 4 ( Algo ) Stock issued [ LO 1 8 - 4 ] Hamilton Boats issued 3 4 2 ,

Brief Exercise 18-4(Algo) Stock issued [LO18-4]
Hamilton Boats issued 342,000 shares of its no-par common stock to Sudoku Motors in exchange for 1,900 four-stroke outboard motors that normally sell in quantity for $3,600 each.
By what amount should Hamilton's shareholders' equity increase as a result of this transaction?
Shareholders' equity
Brief Exercise 1 8 - 4 ( Algo ) Stock issued [ LO

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