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On June 30, 2021, when Swifty Corporation's stock was selling at $66 per share, its capital accounts were as follows: Capital stock (par value $50;
On June 30, 2021, when Swifty Corporation's stock was selling at $66 per share, its capital accounts were as follows: Capital stock (par value $50; 65000 shares issued) Premium on capital stock Retained earnings $3250000 650000 4110000 If a 100% stock dividend were declared and distributed, capital stock would be 000 $8580000. $6500000. $3900000. $3250000
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