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Irish Corporation issued (sold) 15,000 shares of its no ­par common stock for $65 per share

Accounting

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Irish Corporation issued (sold) 15,000 shares of its no ­par common stock for $65 per share.

The bylaws established a stated value of $5 per share.

The transaction would increase the common stock account on the balance sheet by how much?

Group of answer choices

$75,000.

$0.

$975,000.

$900,000.