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Murphy's, Incorporated, has 65,000 shares of stock outstanding with a par value of $1 per share. The market value is $11 per share. The balance

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Murphy's, Incorporated, has 65,000 shares of stock outstanding with a par value of $1 per share. The market value is $11 per share. The balance sheet shows $72,500 in the capital In excess of par account, $65,000 in the common stock account, and $137,500 in the retained earnings account. The firm just announced a stock dividend of 10 percent. What Will the balance in the capital in excess of par account be after the dividend? Multiple Choice $201,500 $72,500 $144,000 $131,000 $137,500

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