Question: f . Max Inc. issued 6 , 6 0 0 shares of Class A common stock ( $ 1 par ) and 8 , 8

f. Max Inc. issued 6,600 shares of Class A common stock ($1 par) and 8,800 shares of Class B common stock ($2 par) for $176,000 cash. At the time of issuance, the market price of the Class A common stock is $15 per share, and the market price of the Class B common stock is $10 per share.

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