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The stockholders' equity section of Concord Corporation as of December 31, 2017, was as follows: Common stock, par value $2; authorized 19500 shares; ssued and

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The stockholders' equity section of Concord Corporation as of December 31, 2017, was as follows: Common stock, par value $2; authorized 19500 shares; ssued and outstanding 9750 shares $ 19500 Paid-in capital in excess of par 28000 Retained earnings 83000 $130500 On March 1, 2018, the board of directors dedared a 10% stock dividend, and accordingly 1530 additional shares were issued on March 1, 2018, the fair value of the stock was 57 per share. For the two months ended February 20, 2018 Concord sustained a net loss of $14400 What amount should Concord report as retained earrings as of March 1, 2015 O $65300 O 570960. O 12000

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