On June 2nd, SEAkayak had the following details for its common stock: 1,000,000 shares authorized, 400,000 shares issued, and 400,000 shares outstanding.
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In a given year, a consulting firm has the following costs: $600,000 in wages and salaries paid to employees; $73,000 in rental payments for office space; and $82,000 for office supplies, advertising, and utilities.
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