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00 shares of $20 par common stock outstanding. On June 19, Renegade Corporation declared a 5% stock Renegade Corporation has 362,0 of the stock was

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00 shares of $20 par common stock outstanding. On June 19, Renegade Corporation declared a 5% stock Renegade Corporation has 362,0 of the stock was $44 per share on june 19. What'is the dividend to be issued on July 31 to stockholders of record on July 12. The market price amount transferred from the Retained Earnings account to paid-in capital accounts as a result of the stock dividend? Show answer choices

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