Business, 19.06.2020 19:57 jaylinthornton6

An analysis of stockholders' equity of Hahn Corporation as of January 1, 2012, is as follows: Common stock, par value $20; authorized 100,000 shares;
issued and outstanding 93000 shares $1860000
Paid-in capital in excess of par 930000
Retained earnings 762000
Total $3552000
Concord uses the cost method of accounting for treasury stock and during 2021 entered into the following transactions:
Acquired 2460 shares of its stock for $73800. Sold 2000 treasury shares at $35 per share. Sold the remaining treasury shares at $20 per share.
Assuming no other equity transactions occurred during 2012, what should Hahn report at December 31, 2012, as total additional paid-in capital?

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An analysis of stockholders' equity of Hahn Corporation as of January 1, 2012, is as follows: Commo...

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