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1. The Waco Widget is planning to give an 8% stock dividend to its stockholders. The current stock price is $18.50. Based on the current

1. The Waco Widget is planning to give an 8% stock dividend to its stockholders. The current stock price is $18.50. Based on the current equity accounts below, show the equity section of the balance sheet after the stock dividend.

Common Stock ($3 par) 360,000

Paid-In Capital 900,000

Retained Earnings 550,000

Total Capital 1,810,000

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