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A corporation declared and issued a 20% slock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings Shares
A corporation declared and issued a 20% slock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings Shares issued and outstanding Market value por share Par value per abare $690,000 54,000 5 21 The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is Multiple Choice $1226,800) $154,000) $0
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