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boats and balt has 76000 shares outstanding that sell for a price of $72 per share. the stock has a par value of $1 per

boats and balt has 76000 shares outstanding that sell for a price of $72 per share. the stock has a par value of $1 per share. the company's balance sheets shows capital surplus of $175,000 and retained earnings of $215,000. if the company declares a stock divided of 12.5 percent, what is the new common stock value on the balance sheet?

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