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The stockholders equity section of Maley Corporations balance sheet consists of common stock ($8 par) $1,096,000 and retained earnings $415,300. A 15% stock dividend (20,550

The stockholders equity section of Maley Corporations balance sheet consists of common stock ($8 par) $1,096,000 and retained earnings $415,300. A 15% stock dividend (20,550 shares) is declared when the market price per share is $17. a) Show the before-and-after effects of the dividend on the components of stockholders equity.

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