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24) Sanella Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock,
24) Sanella Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share. Common Stock, $14 Par, 129,000 shares authorized,48,000 shares issued and outstanding Paid-in Capital in Excess of Par Common Retained Earnings Total Stockholders' Equity $672,000 167,00 what would be the balance in the Common Stock account after the issuance of a 10% stock dividend? A) $334,000 B) $604,800 C) $739,200 D) $672,000
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