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Mike's Motors has 210,000 shares of $6par common stock outstanding. They have declared a 12% stock dividend. The current market price of the common stock
Mike's Motors has 210,000 shares of $6par common stock outstanding. They have declared a 12% stock dividend. The current market price of the common stock is $14/share. The amount that will be debited to Retained Earnings on the date of declaration is
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