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3. A corporation had 20,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 8,000 shares.

3. A corporation had 20,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 8,000 shares. At the time of the stock dividend, the market value per share was $22. The entry to record this dividend is:

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