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34 Universe Co. issued 500,000 shares of common stock in the current year. Universe declared a 30% stock dividend. The marker value was $50 per

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Universe Co. issued 500,000 shares of common stock in the current year. Universe declared a 30% stock dividend. The marker value was $50 per share, the par value was $10, and the average issue price was $30 per share. By what amount will Universe decrease shareholders' equity for the dividend? O $4,500,000 $0 x O $1,500,000 $7,500,000

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