Common Products has just made its first issue of stock. It raised $2.0 million by selling 300,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was $2. Complete the following table:(Enter your answers in dollars, not in millions.)
Common Stock (par value) ___________?
Additional paid-in capital ___________?
Retained earnings ___________ ?
Net common equity $2,400.000
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