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3.1 The stockholders' equity of Dessert Company at December 31,2018 , is presented below On January 1, 2019, the Board of Directors declared a 15%

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3.1 The stockholders' equity of Dessert Company at December 31,2018 , is presented below On January 1, 2019, the Board of Directors declared a 15% stock dividend to be distributed on June 10. The market price of the common stock was $12 on January 1 and $15 on June is $15

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