Berry Corporation has 50,000 shares of $10 par common stock authorized. The following transactions took place during 2012, the first year of the corporation's existence:- sold 10,000 shares of common stock for $18 per share- issued 10,000 share of common stock in exchange for a patent valued at $200,000At the end of Berry's first year, total paid-in capital amounted to...

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Answer:

$285,000

Explanation:

Please see attachment

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