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A company with 117,866 authorized shares of $4 par common stock issued 37,065 shares at $13 per share. Subsequently, the company declared a 2%

A company with 117,866 authorized shares of $4 par common stock issued 37,065 shares at $13 per share. Subsequently, the company declared a 2% stock dividend on a date when the market price was $26 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend? Oa. $19,274 Ob. $2.965 Oc $16.309 Od. $61.290

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