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Castle,Inc.had the following transactions in 2017,its first year of operations:
• Issued 22,000 shares of common stock.The stock has a par value of $4.00 per share and was issued at $20.00 per share.
• Issued 1,200 shares of $160 par value preferred stock at par.
• Earned net income of $40,000.
• Paid no dividends.
At the end of 2017,what is the total amount of paid-in capital?
ATP Synthase
Complex of proteins in the cristae of mitochondria and thylakoid membrane of chloroplasts that produces ATP from the diffusion of hydrogen ions across a membrane.
Coenzyme
Nonprotein organic molecule that aids the action of the enzyme to which it is loosely bound.
Light Reactions
The initial phase of photosynthesis where solar energy is converted into chemical energy in the form of NADPH and ATP.
Carotenoid Pigments
These are organic pigments found in plants and some other photosynthetic organisms, essential for photosynthesis and protecting plants from sun damage.
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