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5. Common stock, $2 par value, 1,000,000 shares issued, 500,000 shares outstanding, 3,000,000 shares authorized. a....

5. Common stock, $2 par value, 1,000,000 shares issued, 500,000 shares
outstanding, 3,000,000 shares authorized.
a. Calculate the dollar amount that will be presented opposite this caption
on the balance sheet.
b. Calculate the total amount of a cash dividend of $0.50 per share.
c. Calculate the number of shares of treasury stock.
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