Business, 16.12.2019 19:31, khenalilovespandas

On december 1, 20x4, line corp. received a donation of 2,000 shares of its $5 par value common stock from a stockholder. on that date, the stock's market value was $35 per share. the stock was originally issued for $25 per share. by what amount would this donation cause total stockholders' equity to decrease?
a. $70,000b. $50,000c. $20,000d. $0

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On december 1, 20x4, line corp. received a donation of 2,000 shares of its $5 par value common stock...