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On December 3 1 , 2 0 1 9 , the shareholders' equity section of the balance sheet of R & L Corporation reflected the

On December 31,2019, the shareholders' equity section of the balance sheet of R & L Corporation reflected the following:
Common shares (no-par value; authorized 60,000 shares; outstanding
\table[[32,000 shares),$320,000
2.
On December 31,2019, the shareholders' equity section of the balance sheet of R & L Corporation reflected the following:
\table[[Common shares (no-par value; authorized 60,000 shares; outstanding 32,000 shares),$320,000
Which of the following statement(s) are true consequent upon the declaration of stock dividend? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
? Total assets will not change.
? Total liabilities will not change.
Total shareholders' equity will change.
? Retained earnings will be reduced by the amount of dividend.
Common stock and Additional paid-in capital will not change.
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