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Bagin Company recorded journal entries in December of 2021 for issuing a bond for $4,627,000, paying $1,157,000 as a dividend, and paying $1,388,100 in wages

Bagin Company recorded journal entries in December of 2021 for issuing a bond for $4,627,000, paying $1,157,000 as a dividend, and paying $1,388,100 in wages expense. What will be the net effect of these entries on stockholders' equity?

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