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At the beginning of the year, the stockholders' equity section of the balance sheet of Solutions Corporation reflected the following:On February 1 , the board

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At the beginning of the year, the stockholders' equity section of the balance sheet of Solutions Corporation reflected the following:On February 1, the board of directors declared a 60 percent stock dividend to be issued April 30. The market value of the stock on February 1 was $15 per share. The market value of the stock on April 30 was $18 per share.
Required:
Complete the following table:
If instead of declaring a stock dividend the company had announced a 3-for-1 stock split, how would total stockholders' equity be affected?
Complete this question by entering your answers in the tabs below.
Complete the following table:
\table[[SOLUTIONS CORPORATION],[Balance Sheet (Partial)],[At February 1, This Year],[,Stockholders`Equity],[,Bef,lend,,ter Stock Dividend],[Contributed capital:],[Common stock,,,,.],[Additional paid-in capital],[Retained earnings],[Total stockholders' equity,$,0,$,0]]
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