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Elgin Experts, Inc., declares a small stock dividend of 17% of the outstanding shares of common stock. Currently, Elgin Experts has 1,400,000 shares of $1

Elgin Experts, Inc., declares a small stock dividend of 17% of the outstanding shares of common stock. Currently, Elgin Experts has 1,400,000 shares of $1 par value common stock outstanding. The current market price of the stock is $82.53 per share. Elgin Experts will record a stock dividend of

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