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?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
?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?
| Par value |
| Fair value on the declaration date |
| There should be no capitalization of retained earnings |
| Fair value on the payment date |
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