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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?...

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?


Table 3-1

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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