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Bluff Rock Corporation had $5 par common stock recorded on the balance sheet at $1,700,000 and retained earnings of $950,000. A 14% stock dividend is
Bluff Rock Corporation had $5 par common stock recorded on the balance sheet at $1,700,000 and retained earnings of $950,000. A 14% stock dividend is declared and paid when the market value was $16 per share. How much is Total Stockholder's Equity after the stock dividend? Enter your answer with a dollar sign, a comma between the hundreds and thousands and millions, and no decimal point. For example, if the answer is 3000000 enter as $3,000,000 How many shares are outstanding after the stock dividend? Enter your answer with a comma between the hundreds and thousands and no decimal point or dollar sign. For example, if the answer is 123456 enter as 123,456
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