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Bridgeport Corporation owned 4 4 5 0 0 shares of Sunland Corporation. These shares were purchased in 2 0 2 2 for $ 4 0
Bridgeport Corporation owned shares of Sunland Corporation. These shares were purchased in for $ n November Bridgeport declared a propertydividend of one share of Sunland for every ten shares of Bridgeport held by a stockholder. On that date, when the market price of Sunland was $ per share, there were shares of Bridgeport outstanding What gain and net reduction in retained earnings would result from this property dividend? tableGaintableNet Reduction inRetained Earnings$$
Bridgeport Corporation owned shares of Sunland Corporation. These shares were purchased in for $ n November Bridgeport declared a propertydividend of one share of Sunland for every ten shares of Bridgeport held by a stockholder. On that date, when the market price of Sunland was $ per share, there were shares of Bridgeport outstanding What gain and net reduction in retained earnings would result from this property dividend?
tableGaintableNet Reduction inRetained Earnings$$
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