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On June 13, the board of directors of Siewert Inc. declared a 8% stock dividend n its 150 million, $1 par, common shares, to be

On June 13, the board of directors of Siewert Inc. declared a 8% stock dividend n its 150 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $30 on June 13 Complete the below table to calculate the stock dividend Prepare the journal entry to record the stock dividend

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