Based on the information in Table 3-1, assuming that no common stock was repurchased during the year, the firm issued how much new common stock during 2010?
Jones Company Financial Information:
Net Income: Year 2009 ($2000), Year 2010 ($4000)
AR: Year 2009 ($750), Year 2010 ($950)
Accum Deprec: Year 2009 ($1000), Year 2010 ($1500)
Common Stock: Year 2009 ($4500), Year 2010 ($5000)
Paid-in Capital: Year 2009 ($7500), Year 2010 ($8500)
Retained Earn: Year 2009 ($1500), Year 2010 ($3500)
AP: Year 2009 ($750), Year 2010 ($750)
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