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QUESTION
When the company began on July 1, 2012, Tony and Suzie each purchased 14,000 shares of $1 par value common stock at $1 per share.
When the company began on July 1, 2012, Tony and Suzie each purchased 14,000 shares of $1 par value common stock at $1 per share. The following transactions affect stockholders’ equity during 2014, its third year of operations:
