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EX 13-3 Entries for issuing par stock On January 14, Mountain Rocks Inc

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EX 13-3 Entries for issuing par stock

On January 14, Mountain Rocks Inc., a marble contractor, issued for cash 24,000 shares of $25 par common stock at $32, and on March 17, it issued for cash 60,000 shares of $10 par preferred stock at $11. What is the total amount invested (total paid-in capital) by all stockholders as of March 17?