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Save & A corporation declared and issued a 20% stock dividend on October 1. The following information was available immediately prior to the dividend: Retained
Save & A corporation declared and issued a 20% stock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings $ 810,000 Shares issued and outstanding 66,000 Market value per share $ 21 $5 Par value per share The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is: Multiple Choice $66.000
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