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A corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $22.00 per share. Common Stock, S6
A corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $22.00 per share. Common Stock, S6 par, 102,000 shares authorized.51,000 shares issued and 306,000 172.000 outstanding Paid in Capital in Excess of Par Retained Earnings Total Stockholders' Equity $998,000 Answer the following questions after the distribution of a 17% stock dividend. How many shares are authorized? How many shares are issued and outstanding? What is the balance is common stock? What is the balance in paid in capital in excess of par value? What is the balance in Retained Earnings? How much is total Stockholders' Equity
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