The company with the common equity accounts shown here has declared a 10 percent stock dividend at
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Question:
The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its stock is $57 per share.
Common stock ($1 par value)$500,000
Capital surplus1,558,000
Retained earnings3,884,000
Total owners' equity$5,942,000
Show the new equity account balances after the stock dividend distribution.(Do not round intermediate calculations and round your answers to the nearest whole number,e.g., 32.)
common stock
capital surplus
retained earning
total owners equity
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