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emma inc declared and issued a 12% stock dividend. the company has 720k shares authorized and 32,818 outstanding. the par value of the stock is

emma inc declared and issued a 12% stock dividend. the company has 720k shares authorized and 32,818 outstanding. the par value of the stock is 0.9 cents per share and market value is 8 dollars a share.

To record the stock dividend, the debit to Retained Earnings would be?

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