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On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $6par value$464,400Paid-in capital in excess of parcommon stock24,540Retained earnings159,820Total stockholders' equity$648,760 On
On October 1, Little Bobby Corporation's stockholders' equity is as follows.
Common stock, $6par value$464,400Paid-in capital in excess of parcommon stock24,540Retained earnings159,820Total stockholders' equity$648,760
On October 1, Little Bobby declares and distributes a10% stock dividend when the market price of the stock is $15per share.
Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed.
Common stock$
Paid-in capital in excess of par value$
Retained earnings$
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