The shareholders' equity of Ava Company on January 1, 2017, included the following: Common stock, $1.9 par; authorized, 800,000 shares; You will need to calculate the issued shared Paid-in capital-excess of par Retained earnings $233709 94582 $500,000 On April 1, 2017, the board of directors of Ava declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Ava's common stock was $13 on April 1, 2016, and $16 on June 1, 2016. On April 1, the credit to Common Stock is $-? How do you get the correct answer?

The shareholders' equity of Ava Company on January 1, 2017 included the following: Common stock, $1. par authorized 800,000 shares 5233709 You will need to calculate the issued shared Pald.in capitales of par 34502 Retained samings $500,000 On Apr 1, 2017 the board of directors of Ava declared a 10% stock dividend on common shares, to be distributod on June 1: The market price of Ave.common to 313 April 1, 2016. and $15 on June 1, 2016 On April 1, the credit to Common Stock is 5 SAO Correct