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Axle Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $60,000. In addition, Axle received cash for 8,000 shares of its $15 par preferred stock at par value and 9,500 shares of its no-par common stock at $45 per share. Without making journal entries, determine the total pald-in capital created by these transactions. The total paic-in capital created by these transactions amounts to Enter any number in the odit fields and then continue to the next question. 2