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CullumberCorporation has outstanding 470,000 shares of $10 par value commonstock. The corporation declares a 5% stock dividend when the fairvalue of the stock is $59

CullumberCorporation has outstanding 470,000 shares of $10 par value commonstock. The corporation declares a 5% stock dividend when the fairvalue of the stock is $59 per share.Prepare the journal 2 answers

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