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ACME company reported the following: Common stock, $3 par, 10,000 shares authorized, 5,000 shares issued outstanding. What is the total dollar amount (given to shareholders)

ACME company reported the following: Common stock, $3 par, 10,000 shares authorized, 5,000 shares issued outstanding. What is the total dollar amount (given to shareholders) of a 18.0% stock dividend if the market price of the common stock is $30 per share when the dividend is declared?

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