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MC algo 17-8 Stock Dividends And Capital Surplus Westhaven Corporation currently has 19,000 shares outstanding that sell for $51 per share. The company plans to

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MC algo 17-8 Stock Dividends And Capital Surplus Westhaven Corporation currently has 19,000 shares outstanding that sell for $51 per share. The company plans to issue a stock dividend of 20 percent. The stock has a par value of $2. What is the total capital surplus on the new shares? Mistuple Choice

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