Question: You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash =$144,168; patents and copyrights =$632,549; accounts payable =$223,749; accounts
You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash =$144,168; patents and copyrights =$632,549; accounts payable =$223,749; accounts receivable =$135,221; tangible net fixed assets =$1.7 million; inventory =$309,675; notes payable =$139,630; accumulated retained earnings =$1.6 million; long-term debt =$768,864. What must be the amount of Common Stock on this balance sheet
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