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I need help with this question. Thank you! 13 Entries for Stock Dividends Senior Life Co. is an HMO for businesses in the Portiand area.

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Entries for Stock Dividends Senior Life Co. is an HMO for businesses in the Portiand area. The following account balances appear on the balance sheet of Senior Life Co.: Cormmon stock ( 800,000 shares authorized; 500,000 shares issued), $4 par, $2,000,000; Paid-in capital in excess of par-common stock, $1,000,000; and Retained earnings; $33,500,000. The board of directors declared a 2% stock dividend when the market price of the stock was $13 a share. Senior Life Co, reported no income or loss for the curfent year. For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certincates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders? equity. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates. b. Determine the following amounts before the stock dividend wos declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' egtity, c. Determine the foliowing amounts after the stock dividend was declared and closing entries were recorded at the end of the veari (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity

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