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At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year).

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At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? : issue price $7 per share. Shares held as treasury stock, 11,700 shares, cost $5 per share. Net income for the current year, $400,660. Common Stock account, $143,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $730,000. Required: Complete the following: (Round "Earnings per share" to 2 decimal places.) Required: Complete the following table based on fwo independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1 t the board of directorin deelared and imsued a 100 percent stock dividend when the stoek price was $8 per share. Case 2: The board of directors voted a 2 -for-1 stock split. The stock price prior to the split was $8 per share

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