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On January 1, Sunland Company had 710000 shares of $10 par value common stock outstanding. On March 31 the company declared a 15% stock dividend.

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On January 1, Sunland Company had 710000 shares of $10 par value common stock outstanding. On March 31 the company declared a 15% stock dividend. Market value of the stock was $20/share. As a result of this event. O Sunland's Paid-in Capital in Excess of Par Value account increased $1065000. Sunland's total stockholders' equity was unaffected. Sunland's Stock Dividends account increased $2130000 O All of these answer choices are correct

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