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Hi! Can someone help me with this Financial Accounting homework question? What is entered is correct, however I am stuck and I can't figure out

Hi! Can someone help me with this Financial Accounting homework question?

What is entered is correct, however I am stuck and I can't figure out the common stock and the retained earnings after stick dividend.

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At the beginning of the year, the stockholders' equity section of the balance sheet of Solutions Corporation reected the following: Common stock ($12 par value; 65,000 shares $360,000 authorized, 30,000 shares outstanding) Additional paid-in capital 120,000 Retained earnings 580,000 On February 1, the board of directors declared a 60 percent stock dividend to be issued April 30. The market value of the stock on February 1 was $15 per share. The market value of the stock on April 30 was $18 per share. Required: 1. For comparative purposes, prepare the Stockholders' Equity section of the balance sheet immediately before the stock dividend and immediately after the stock dividend. Contributed capital: Additional paid-in capital Total stockholders' equity $ 1 ,060,000 $ 120,000

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