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Exercise 14-5 On October 1. Little Bobby Corporation's stockholders' equity is as follows $381.500 28,000 165,000 $574,500 Common stock, $5 par value Paid-in capital in

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Exercise 14-5 On October 1. Little Bobby Corporation's stockholders' equity is as follows $381.500 28,000 165,000 $574,500 Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is S14 per share. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend s Par value after the stock dividend s Indicare the be ances in the three rockholders equity accounts after the stock dvidend shares have been darnbu Common stock Paidiin capital in excess of par value s

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