Ix Company issued 20,000 shares of $20 par value common stock at a market price of $32.As a result of this accounting event,the amount of stockholders' equity would

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The stockholders' equity increases by the total amount received from issuing the shares, which is 20,000 shares multiplied by the market price of $32, resulting in an increase of $640,000.

Ix Company Issued 20,000 Shares of $20 Par Value Common