Question: How do you solve this answer?? Trying to get a second opinion on it. ****How do you solve this question*** On January 1, Lizzie Company

 How do you solve this answer?? Trying to get a second
How do you solve this answer?? Trying to get a second opinion on it.
****How do you solve this question***

On January 1, Lizzie Company authorized 250,000 shares of $10 par value common stock. On February 1, 50,000 shares were issued at $18 per share. On October 31, 5,000 shares of the stock were purchased from shareholders at a price of $25 per share. What is the balance in Common Stock on December 31? $500,000 $900,000 C. $375,000 $450,000 B. D

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