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On January 1, Swifty Corporation had 910000 shares of $10 par value common stock outstanding. On March 31, the company declared a 15% stock dividend.

On January 1, Swifty Corporation had 910000 shares of $10 par value common stock outstanding. On March 31, the company declared a 15% stock dividend. Market value of the stock was $18/share. As a result of this event, Swifty's Paid-in Capital in Excess of Par account increased $1092000. Swifty's total stockholders' equity was unaffected. Swifty's Stock Dividends account increased $2457000. all of these answers are correctimage text in transcribed

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