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Question 9 Quirk Corporation issued a 100% stock dividend of its common stock which had a par value of $10 before and after the dividend.

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Question 9 Quirk Corporation issued a 100% stock dividend of its common stock which had a par value of $10 before and after the dividend. At what amount should retained earnings be capitalized for the additional shares issued? O There should be no capitalization of retained earnings O Fair value on the declaration date O Fair value on the payment date Par value

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