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Issued 20,000 shares of capital stock in exchange for a total of 400.000 cash. Dec. 28 Declared a dividend of 20 cents per share, payable

Issued 20,000 shares of capital stock in exchange for a total of 400.000 cash.

Dec. 28 Declared a dividend of 20 cents per share, payable on January 15, 2010.

calculate dividents with steps and explanations please

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