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A company with 1 0 4 , 1 6 6 authorized shares of $ 6 par common stock issued 4 1 , 3 5 9

A company with 104,166 authorized shares of $6 par common stock issued 41,359 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $21 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend? When required, round your answer to the nearest dollar.
a. $43,750
b. $12,408
c. $4,963
d. $17,371

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