Question: Question 14 (3 points) Given the information provided below, determine the dollar value of common stock issued during the period: Assets 1/1/X1 Assets 12/31/X1

Question 14 (3 points) Given the information provided below, determine the dollar

Question 14 (3 points) Given the information provided below, determine the dollar value of common stock issued during the period: Assets 1/1/X1 Assets 12/31/X1 Liabilities 1/1/X1 $4,500 $6,000 $2,500 Liabilities 12/31/X1 $1,450 Net Income 20X1 $1,250 Dividends Declared $300 Dividends Paid $175 a) $500 b) $2,000 c) $1,475 d) $1,600

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