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Ng Company had 34 million shares of $2 par common stock outstanding on January 1, 2024. In October 2024, Ng Company's Board of Directors

Ng Company had 34 million shares of $2 par common stock outstanding on January 1, 2024. In October 2024, Ng Company's Board of Directors declared and distributed a 2% common stock dividend when the market value of its common stock was $62 per share. In recording this transaction, Ng would:

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