Question: Saved Help On January 1 , Year 5 , Pic Company acquired 7 , 5 0 0 ordinary shares of Sic Company for $ 7

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On January 1, Year 5, Pic Company acquired 7,500 ordinary shares of Sic Company for $726,000. On January 1, Year 6, Pic Company acquired an additional 2,000 ordinary shares of Sic Company for $260,000. On January 1, Year 5, the shareholders' equity of Sic was as follows:
\table[[Ordinary shares (18,000 no par value shares issued),$200,000
Saved Help On January 1 , Year 5 , Pic Company

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