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Presented below is information related to Carter Company. Required: How much issuance of stock did Carter Company have for th
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Answer #1

Beginning equity = 48000-30000 = 18000

Ending equity = 84000-54000 = 30000

Net income = 16700-8500 = 8200

Issuance of Stock = Beginning equity+Net income-Dividend-Ending equity

= 18000+8200-5500-30000

Issuance of stock = 9300

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