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Required information E11-4 (Algo) Reporting Stockholders Equity LO11-1, 11-2, 11-3 (The following information applies to the

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Answer #1

Par value of common stock = $1,500,000 / 100,000 = $15 per share

Additional paid in capital = ($21 - $15) X 100,000 = $600,000

$600,000 is the addition paid in capital.

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